Post Utme Lautech 2023 Commerce Question 35
Practice objective / multiple choice question 35 from the 2023 Post Utme Lautech Commerce examination.
A firm is considering two different business units: a sole trader and a company. The sole trader has an initial investment of ₦100,000 and expects to earn a profit of ₦50,000 per year. The company has an initial investment of ₦500,000 and expects to earn a profit of ₦200,000 per year. Which business unit should the firm choose?
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About This Question
This is Post Utme Lautech 2023 Commerce Question 35. It is one of the objective questions from the 2023 Post Utme Lautech Commerce examination.
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