Post Utme Lautech 2022 Commerce Question 28
Practice objective / multiple choice question 28 from the 2022 Post Utme Lautech Commerce examination.
A sole trader is considering the purchase of a new machine for ₦2 million. The machine is expected to generate revenue of ₦1.5 million in the first year and ₦2 million in the second year. What is the payback period of the investment?
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About This Question
This is Post Utme Lautech 2022 Commerce Question 28. It is one of the objective questions from the 2022 Post Utme Lautech Commerce examination.
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