Post Utme Coal City University 2017 Accounting Question 33

Practice objective / multiple choice question 33 from the 2017 Post Utme Coal City University Accounting examination.

Post Utme Coal City University 2017 Accounting Objective / Multiple Choice
Question 33 POST_UTME_COAL_CITY_UNIVERSITY • 2017 • ACCOUNTING • objective

A company's profit and loss account shows a net profit of ₦200,000. If the company's capital is ₦1,000,000, calculate the company's return on capital.

Answer Options

A. 20%
Correct Answer B. 25%
C. 30%
D. 35%
Correct Answer
B
Correct Option:
25%

About This Question

This is Post Utme Coal City University 2017 Accounting Question 33. It is one of the objective questions from the 2017 Post Utme Coal City University Accounting examination.

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