Post Utme Afe Babalola University 2021 Commerce Question 33

Practice objective / multiple choice question 33 from the 2021 Post Utme Afe Babalola University Commerce examination.

Post Utme Afe Babalola University 2021 Commerce Objective / Multiple Choice
Question 33 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2021 • COMMERCE • objective

A company's financial statements show that its total assets have increased by ₦500,000, while its total liabilities have increased by ₦300,000. What is the increase in its net worth?

Answer Options

Correct Answer A. ₦200,000
B. ₦100,000
C. ₦300,000
D. ₦400,000
Correct Answer
A
Correct Option:
₦200,000

About This Question

This is Post Utme Afe Babalola University 2021 Commerce Question 33. It is one of the objective questions from the 2021 Post Utme Afe Babalola University Commerce examination.

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