Post Utme Afe Babalola University 2017 Accounting Question 16

Practice objective / multiple choice question 16 from the 2017 Post Utme Afe Babalola University Accounting examination.

Post Utme Afe Babalola University 2017 Accounting Objective / Multiple Choice
Question 16 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2017 • ACCOUNTING • objective

A company has the following financial statements: Total Assets ₦500,000, Total Liabilities ₦200,000, Total Equity ₦300,000. What is the debt-to-equity ratio?

Answer Options

A. 1:1
Correct Answer B. 1:2
C. 2:1
D. 3:1
Correct Answer
B
Correct Option:
1:2

About This Question

This is Post Utme Afe Babalola University 2017 Accounting Question 16. It is one of the objective questions from the 2017 Post Utme Afe Babalola University Accounting examination.

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