Post Utme Bells University 2020 Commerce Question 20

Practice objective / multiple choice question 20 from the 2020 Post Utme Bells University Commerce examination.

Post Utme Bells University 2020 Commerce Objective / Multiple Choice
Question 20 POST_UTME_BELLS_UNIVERSITY • 2020 • COMMERCE • objective

A company's financial statements show a net income of ₦500 million and a total assets of ₦2 billion. What is the company's return on assets (ROA) ratio?

Answer Options

A. 0.25
Correct Answer B. 0.50
C. 0.75
D. 1.00
Correct Answer
B
Correct Option:
0.50

About This Question

This is Post Utme Bells University 2020 Commerce Question 20. It is one of the objective questions from the 2020 Post Utme Bells University Commerce examination.

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