Post Utme Caleb University 2017 Accounting Question 23

Practice objective / multiple choice question 23 from the 2017 Post Utme Caleb University Accounting examination.

Post Utme Caleb University 2017 Accounting Objective / Multiple Choice
Question 23 POST_UTME_CALEB_UNIVERSITY • 2017 • ACCOUNTING • objective

A company's balance sheet shows a current liability of ₦50,000 and a non-current liability of ₦100,000. The company also has a current asset of ₦150,000 and a non-current asset of ₦200,000. What is the company's net worth?

Answer Options

A. ₦100,000
B. ₦150,000
Correct Answer C. ₦200,000
D. ₦250,000
Correct Answer
C
Correct Option:
₦200,000

About This Question

This is Post Utme Caleb University 2017 Accounting Question 23. It is one of the objective questions from the 2017 Post Utme Caleb University Accounting examination.

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