Post Utme Afe Babalola University 2022 Accounting Question 5

Practice objective / multiple choice question 5 from the 2022 Post Utme Afe Babalola University Accounting examination.

Post Utme Afe Babalola University 2022 Accounting Objective / Multiple Choice
Question 5 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2022 • ACCOUNTING • objective

A company's balance sheet shows a total assets of ₦500,000 and a total liabilities of ₦300,000. The company's equity is ₦200,000. Calculate the company's return on equity.

Answer Options

Correct Answer A. 100%
B. 200%
C. 100%
D. 200%
Correct Answer
A
Correct Option:
100%

About This Question

This is Post Utme Afe Babalola University 2022 Accounting Question 5. It is one of the objective questions from the 2022 Post Utme Afe Babalola University Accounting examination.

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