Post Utme Wellspring University 2018 Commerce Question 12

Practice objective / multiple choice question 12 from the 2018 Post Utme Wellspring University Commerce examination.

Post Utme Wellspring University 2018 Commerce Objective / Multiple Choice
Question 12 POST_UTME_WELLSPRING_UNIVERSITY • 2018 • COMMERCE • objective

A foreign company is considering investing in a Nigerian business. The company's financial advisor has recommended a minimum return on investment (ROI) of 15%. If the company invests ₦5,000,000 in the Nigerian business, what is the minimum amount of profit it must make to achieve the recommended ROI?

Answer Options

Correct Answer A. ₦750,000
B. ₦750,000
C. ₦750,000
D. ₦750,000
Correct Answer
A
Correct Option:
₦750,000

About This Question

This is Post Utme Wellspring University 2018 Commerce Question 12. It is one of the objective questions from the 2018 Post Utme Wellspring University Commerce examination.

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