Post Utme Bowen University 2024 Accounting Question 10

Practice objective / multiple choice question 10 from the 2024 Post Utme Bowen University Accounting examination.

Post Utme Bowen University 2024 Accounting Objective / Multiple Choice
Question 10 POST_UTME_BOWEN_UNIVERSITY • 2024 • ACCOUNTING • objective

A company's financial statements show the following: Assets ₦1,000,000, Liabilities ₦500,000, and Equity ₦500,000. What is the company's return on equity?

Answer Options

A. 10%
Correct Answer B. 20%
C. 30%
D. 40%
Correct Answer
B
Correct Option:
20%

About This Question

This is Post Utme Bowen University 2024 Accounting Question 10. It is one of the objective questions from the 2024 Post Utme Bowen University Accounting examination.

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