Post Utme Christopher University 2023 Accounting Question 40

Practice objective / multiple choice question 40 from the 2023 Post Utme Christopher University Accounting examination.

Post Utme Christopher University 2023 Accounting Objective / Multiple Choice
Question 40 POST_UTME_CHRISTOPHER_UNIVERSITY • 2023 • ACCOUNTING • objective

A company's balance sheet shows a current ratio of 2:1. If the current assets are ₦400,000 and the current liabilities are ₦200,000, what is the value of the non-current assets?

Answer Options

A. ₦100,000
B. ₦200,000
C. ₦300,000
Correct Answer D. ₦400,000
Correct Answer
D
Correct Option:
₦400,000

About This Question

This is Post Utme Christopher University 2023 Accounting Question 40. It is one of the objective questions from the 2023 Post Utme Christopher University Accounting examination.

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