Post Utme Abu 2019 Commerce Question 3

Practice objective / multiple choice question 3 from the 2019 Post Utme Abu Commerce examination.

Post Utme Abu 2019 Commerce Objective / Multiple Choice
Question 3 POST_UTME_ABU • 2019 • COMMERCE • objective

A company has a total of ₦5,000,000 in assets and ₦2,000,000 in liabilities. What is the company's equity?

Answer Options

Correct Answer A. ₦3,000,000
B. ₦3,000,000
C. ₦3,000,000
D. ₦3,000,000
Correct Answer
A
Correct Option:
₦3,000,000

About This Question

This is Post Utme Abu 2019 Commerce Question 3. It is one of the objective questions from the 2019 Post Utme Abu Commerce examination.

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