Post Utme Al Hikmah University 2017 Accounting Question 18

Practice objective / multiple choice question 18 from the 2017 Post Utme Al Hikmah University Accounting examination.

Post Utme Al Hikmah University 2017 Accounting Objective / Multiple Choice
Question 18 POST_UTME_AL-HIKMAH_UNIVERSITY • 2017 • ACCOUNTING • objective

A company's balance sheet shows a current ratio of 2:1. The current assets are ₦2,000,000 and the current liabilities are ₦1,000,000. What is the amount of non-current assets?

Answer Options

A. ₦1,000,000
B. ₦1,500,000
Correct Answer C. ₦2,000,000
D. ₦2,500,000
Correct Answer
C
Correct Option:
₦2,000,000

About This Question

This is Post Utme Al Hikmah University 2017 Accounting Question 18. It is one of the objective questions from the 2017 Post Utme Al Hikmah University Accounting examination.

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