Post Utme Al Hikmah University 2018 Commerce Question 10

Practice objective / multiple choice question 10 from the 2018 Post Utme Al Hikmah University Commerce examination.

Post Utme Al Hikmah University 2018 Commerce Objective / Multiple Choice
Question 10 POST_UTME_AL-HIKMAH_UNIVERSITY • 2018 • COMMERCE • objective

A firm's financial statements show that its total assets have increased by 25% over the past year, while its total liabilities have increased by 15%. If the firm's equity has increased by 10%, what is the ratio of its total assets to total liabilities?

Answer Options

A. 1.5
B. 1.75
Correct Answer C. 2.0
D. 2.25
Correct Answer
C
Correct Option:
2.0

About This Question

This is Post Utme Al Hikmah University 2018 Commerce Question 10. It is one of the objective questions from the 2018 Post Utme Al Hikmah University Commerce examination.

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