Post Utme Unn 2019 Geography Question 24

Practice objective / multiple choice question 24 from the 2019 Post Utme Unn Geography examination.

Post Utme Unn 2019 Geography Objective / Multiple Choice
Question 24 POST_UTME_UNN • 2019 • GEOGRAPHY • objective

A company is considering the construction of a new factory. The factory will require an initial investment of ₦100 million and will generate an annual profit of ₦20 million. What is the payback period of the investment?

Answer Options

Correct Answer A. 5 years
B. 10 years
C. 15 years
D. 20 years
Correct Answer
A
Correct Option:
5 years

About This Question

This is Post Utme Unn 2019 Geography Question 24. It is one of the objective questions from the 2019 Post Utme Unn Geography examination.

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