Post Utme Aaua 2021 Commerce Question 37

Practice objective / multiple choice question 37 from the 2021 Post Utme Aaua Commerce examination.

Post Utme Aaua 2021 Commerce Objective / Multiple Choice
Question 37 POST_UTME_AAUA • 2021 • COMMERCE • objective

A company's financial statements show that its current ratio is 2:1. What does this indicate about the company's liquidity position?

Answer Options

Correct Answer A. The company has a high level of liquidity
B. The company has a low level of liquidity
C. The company has a moderate level of liquidity
D. The company's liquidity position cannot be determined
Correct Answer
A
Correct Option:
The company has a high level of liquidity

About This Question

This is Post Utme Aaua 2021 Commerce Question 37. It is one of the objective questions from the 2021 Post Utme Aaua Commerce examination.

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