Post Utme Abu 2025 Accounting Question 24

Practice objective / multiple choice question 24 from the 2025 Post Utme Abu Accounting examination.

Post Utme Abu 2025 Accounting Objective / Multiple Choice
Question 24 POST_UTME_ABU • 2025 • ACCOUNTING • objective

A company's balance sheet shows the following: | Assets | ₦500,000 | | Liabilities | ₦300,000 | | Equity | ₦200,000 | What is the company's current ratio?

Answer Options

A. 1.67
Correct Answer B. 2.00
C. 2.33
D. 3.00
Correct Answer
B
Correct Option:
2.00

About This Question

This is Post Utme Abu 2025 Accounting Question 24. It is one of the objective questions from the 2025 Post Utme Abu Accounting examination.

View More Post Utme Abu 2025 Accounting Questions More Post Utme Abu Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support