Post Utme Afe Babalola University 2020 Accounting Question 24

Practice objective / multiple choice question 24 from the 2020 Post Utme Afe Babalola University Accounting examination.

Post Utme Afe Babalola University 2020 Accounting Objective / Multiple Choice
Question 24 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2020 • ACCOUNTING • objective

A company has a balance sheet as follows: Assets ₦500,000, Liabilities ₦200,000, and Capital ₦300,000. What is the ratio of capital to liabilities?

Answer Options

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

About This Question

This is Post Utme Afe Babalola University 2020 Accounting Question 24. It is one of the objective questions from the 2020 Post Utme Afe Babalola University Accounting examination.

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