Post Utme Christopher University 2018 Accounting Question 30

Practice objective / multiple choice question 30 from the 2018 Post Utme Christopher University Accounting examination.

Post Utme Christopher University 2018 Accounting Objective / Multiple Choice
Question 30 POST_UTME_CHRISTOPHER_UNIVERSITY • 2018 • ACCOUNTING • objective

A company's balance sheet shows the following: | Assets | ₦100,000 | | Liabilities | ₦80,000 | | Equity | ₦20,000 | What is the company's current ratio?

Answer Options

A. 1.25
Correct Answer B. 1.5
C. 2
D. 2.5
Correct Answer
B
Correct Option:
1.5

About This Question

This is Post Utme Christopher University 2018 Accounting Question 30. It is one of the objective questions from the 2018 Post Utme Christopher University Accounting examination.

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