Post Utme Lautech 2022 Commerce Question 27

Practice objective / multiple choice question 27 from the 2022 Post Utme Lautech Commerce examination.

Post Utme Lautech 2022 Commerce Objective / Multiple Choice
Question 27 POST_UTME_LAUTECH • 2022 • COMMERCE • objective

A company is considering the introduction of a new product line. The product line is expected to generate revenue of ₦500 million in the first year and ₦750 million in the second year. What is the expected rate of return on investment for the product line?

Answer Options

A. 20%
Correct Answer B. 25%
C. 30%
D. 35%
Correct Answer
B
Correct Option:
25%

About This Question

This is Post Utme Lautech 2022 Commerce Question 27. It is one of the objective questions from the 2022 Post Utme Lautech Commerce examination.

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