Post Utme Al Hikmah University 2017 Commerce Question 29

Practice objective / multiple choice question 29 from the 2017 Post Utme Al Hikmah University Commerce examination.

Post Utme Al Hikmah University 2017 Commerce Objective / Multiple Choice

Question 29 POST_UTME_AL-HIKMAH_UNIVERSITY • 2017 • COMMERCE • objective

A business has a 'Current Ratio' of 2:1 and a 'Quick Ratio' of 1:1. If the 'Current Assets' are ₦1,000,000 and the 'Current Liabilities' are ₦500,000, what is the 'Quick Assets'?

Answer Options

A. ₦500,000

B. ₦750,000

C. ₦1,000,000

D. ₦1,250,000

Correct Answer

N/A

About This Question

This is Post Utme Al Hikmah University 2017 Commerce Question 29. It is one of the objective questions from the 2017 Post Utme Al Hikmah University Commerce examination.

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