Post Utme Achievers University 2020 Commerce Question 16
Practice objective / multiple choice question 16 from the 2020 Post Utme Achievers University Commerce examination.
A bank's liquidity ratio is calculated as the ratio of its liquid assets to its total deposits. If a bank has liquid assets worth ₦1.2 billion and total deposits of ₦2.5 billion, what is its liquidity ratio?
Answer Options
About This Question
This is Post Utme Achievers University 2020 Commerce Question 16. It is one of the objective questions from the 2020 Post Utme Achievers University Commerce examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.