Post Utme Bsu 2017 Accounting Question 8

Practice objective / multiple choice question 8 from the 2017 Post Utme Bsu Accounting examination.

Post Utme Bsu 2017 Accounting Objective / Multiple Choice
Question 8 POST_UTME_BSU • 2017 • ACCOUNTING • objective

A company has a capital of ₦1,000,000 and a reserve of ₦200,000. Calculate the ratio of capital to reserve.

Answer Options

Correct Answer A. 1:2
B. 2:1
C. 3:1
D. 1:5
Correct Answer
A
Correct Option:
1:2

About This Question

This is Post Utme Bsu 2017 Accounting Question 8. It is one of the objective questions from the 2017 Post Utme Bsu Accounting examination.

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