Post Utme Babcock University 2018 Accounting Question 10

Practice objective / multiple choice question 10 from the 2018 Post Utme Babcock University Accounting examination.

Post Utme Babcock University 2018 Accounting Objective / Multiple Choice
Question 10 POST_UTME_BABCOCK_UNIVERSITY • 2018 • ACCOUNTING • objective

A company's financial statements show the following: Total assets ₦100,000, Total liabilities ₦50,000, and Total equity ₦50,000. Calculate the company's return on equity.

Answer Options

Correct Answer A. 50%
B. 60%
C. 70%
D. 80%
Correct Answer
A
Correct Option:
50%

About This Question

This is Post Utme Babcock University 2018 Accounting Question 10. It is one of the objective questions from the 2018 Post Utme Babcock University Accounting examination.

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