Post Utme Christopher University 2024 Accounting Question 22

Practice objective / multiple choice question 22 from the 2024 Post Utme Christopher University Accounting examination.

Post Utme Christopher University 2024 Accounting Objective / Multiple Choice
Question 22 POST_UTME_CHRISTOPHER_UNIVERSITY • 2024 • ACCOUNTING • objective

A company's assets are ₦500,000, liabilities are ₦200,000, and equity is ₦300,000. What is the company's return on equity?

Answer Options

Correct Answer A. 50%
B. 60%
C. 70%
D. 80%
Correct Answer
A
Correct Option:
50%

About This Question

This is Post Utme Christopher University 2024 Accounting Question 22. It is one of the objective questions from the 2024 Post Utme Christopher University Accounting examination.

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