Post Utme Bsu 2017 Accounting Question 15

Practice objective / multiple choice question 15 from the 2017 Post Utme Bsu Accounting examination.

Post Utme Bsu 2017 Accounting Objective / Multiple Choice
Question 15 POST_UTME_BSU • 2017 • ACCOUNTING • objective

A company's balance sheet shows a current ratio of 2:1. The company's current assets are ₦100,000 and its current liabilities are ₦50,000. What is the company's quick ratio?

Answer Options

A. 1:1
Correct Answer B. 1.5:1
C. 2:1
D. 3:1
Correct Answer
B
Correct Option:
1.5:1

About This Question

This is Post Utme Bsu 2017 Accounting Question 15. It is one of the objective questions from the 2017 Post Utme Bsu Accounting examination.

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