Post Utme Pan Atlantic University 2025 Commerce Question 24
Practice objective / multiple choice question 24 from the 2025 Post Utme Pan Atlantic University Commerce examination.
A firm is considering setting up a new warehouse to store its inventory. The warehouse will require an initial investment of ₦200 million and will have an annual operating cost of ₦50 million. The firm's current inventory turnover ratio is 4 times per annum, and the warehouse will be able to store 20,000 units of inventory. What is the minimum price per unit that the firm must sell its product to break even?
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About This Question
This is Post Utme Pan Atlantic University 2025 Commerce Question 24. It is one of the objective questions from the 2025 Post Utme Pan Atlantic University Commerce examination.
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