Post Utme Caleb University 2024 Accounting Question 13

Practice objective / multiple choice question 13 from the 2024 Post Utme Caleb University Accounting examination.

Post Utme Caleb University 2024 Accounting Objective / Multiple Choice
Question 13 POST_UTME_CALEB_UNIVERSITY • 2024 • ACCOUNTING • objective

A company has the following balance sheet: Assets ₦100,000, Liabilities ₦50,000, and Equity ₦50,000. What is the company's debt-to-equity ratio?

Answer Options

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

About This Question

This is Post Utme Caleb University 2024 Accounting Question 13. It is one of the objective questions from the 2024 Post Utme Caleb University Accounting examination.

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