Post Utme Bells University 2019 Commerce Question 5

Practice objective / multiple choice question 5 from the 2019 Post Utme Bells University Commerce examination.

Post Utme Bells University 2019 Commerce Objective / Multiple Choice
Question 5 POST_UTME_BELLS_UNIVERSITY • 2019 • COMMERCE • objective

A bank's balance sheet shows that its assets are ₦100 million, its liabilities are ₦50 million, and its equity is ₦50 million. What is the bank's liquidity ratio?

Answer Options

A. 1:1
Correct Answer B. 2:1
C. 3:1
D. 4:1
Correct Answer
B
Correct Option:
2:1

About This Question

This is Post Utme Bells University 2019 Commerce Question 5. It is one of the objective questions from the 2019 Post Utme Bells University Commerce examination.

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