Post Utme Bsu 2024 Commerce Question 33

Practice objective / multiple choice question 33 from the 2024 Post Utme Bsu Commerce examination.

Post Utme Bsu 2024 Commerce Objective / Multiple Choice
Question 33 POST_UTME_BSU • 2024 • COMMERCE • objective

A bank's balance sheet is given by Assets = Liabilities + Equity. If the bank's current assets are ₦100 billion and its current liabilities are ₦80 billion, then its current equity level is

Answer Options

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

About This Question

This is Post Utme Bsu 2024 Commerce Question 33. It is one of the objective questions from the 2024 Post Utme Bsu Commerce examination.

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