Post Utme Al Hikmah University 2018 Commerce Question 7
Practice objective / multiple choice question 7 from the 2018 Post Utme Al Hikmah University Commerce examination.
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?
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About This Question
This is Post Utme Al Hikmah University 2018 Commerce Question 7. It is one of the objective questions from the 2018 Post Utme Al Hikmah University Commerce examination.
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