Post Utme Achievers University 2023 Commerce Question 8

Practice objective / multiple choice question 8 from the 2023 Post Utme Achievers University Commerce examination.

Post Utme Achievers University 2023 Commerce Objective / Multiple Choice

Question 8 POST_UTME_ACHIEVERS_UNIVERSITY • 2023 • COMMERCE • objective

A company's balance sheet shows total assets of ₦5,000,000, total liabilities of ₦2,500,000, and total equity of ₦2,500,000. What is the company's debt-to-equity ratio?

Answer Options

Correct Answer A. 1:1

B. 2:1

C. 1:2

D. 3:1

Correct Answer

Correct Option:

1:1

About This Question

This is Post Utme Achievers University 2023 Commerce Question 8. It is one of the objective questions from the 2023 Post Utme Achievers University Commerce examination.

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