Post Utme Afe Babalola University 2023 Commerce Question 11

Practice objective / multiple choice question 11 from the 2023 Post Utme Afe Babalola University Commerce examination.

Post Utme Afe Babalola University 2023 Commerce Objective / Multiple Choice
Question 11 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2023 • COMMERCE • objective

A company's financial statements show a decrease in revenue and an increase in expenses. What is the likely effect on its liquidity ratio?

Answer Options

A. Increase
Correct Answer B. Decrease
C. No change
D. Uncertain
Correct Answer
B
Correct Option:
Decrease

About This Question

This is Post Utme Afe Babalola University 2023 Commerce Question 11. It is one of the objective questions from the 2023 Post Utme Afe Babalola University Commerce examination.

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