Post Utme Redeemers University 2019 General Studies Question 40

Practice objective / multiple choice question 40 from the 2019 Post Utme Redeemers University General Studies examination.

Post Utme Redeemers University 2019 General Studies Objective / Multiple Choice
Question 40 POST_UTME_REDEEMERS_UNIVERSITY • 2019 • GENERAL STUDIES • objective

A firm is considering the introduction of a new product. The firm's management team has estimated that the product will generate revenue of ₦100,000 in the first year, ₦120,000 in the second year, and ₦150,000 in the third year. Which of the following investment appraisal methods would be most appropriate for this situation?

Answer Options

A. Payback Period Method
B. Discounted Payback Period Method
Correct Answer C. Net Present Value Method
D. Internal Rate of Return Method
Correct Answer
C
Correct Option:
Net Present Value Method

About This Question

This is Post Utme Redeemers University 2019 General Studies Question 40. It is one of the objective questions from the 2019 Post Utme Redeemers University General Studies examination.

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