Post Utme Al Hikmah University 2019 Accounting Question 24

Practice objective / multiple choice question 24 from the 2019 Post Utme Al Hikmah University Accounting examination.

Post Utme Al Hikmah University 2019 Accounting Objective / Multiple Choice
Question 24 POST_UTME_AL-HIKMAH_UNIVERSITY • 2019 • ACCOUNTING • objective

A company's balance sheet shows the following: Assets ₦500,000, Liabilities ₦200,000, and Equity ₦300,000. What is the current ratio?

Answer Options

A. 2.5
Correct Answer B. 3.0
C. 3.5
D. 4.0
Correct Answer
B
Correct Option:
3.0

About This Question

This is Post Utme Al Hikmah University 2019 Accounting Question 24. It is one of the objective questions from the 2019 Post Utme Al Hikmah University Accounting examination.

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