Post Utme Noun 2018 Commerce Question 13
Practice objective / multiple choice question 13 from the 2018 Post Utme Noun Commerce examination.
A sole trader is considering the purchase of a new piece of equipment for ₦10,000. The equipment is expected to generate additional revenue of ₥0,000 per annum for the next five years. What is the payback period of the investment?
Answer Options
About This Question
This is Post Utme Noun 2018 Commerce Question 13. It is one of the objective questions from the 2018 Post Utme Noun Commerce examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.