Post Utme Coal City University 2017 Commerce Question 8

Practice objective / multiple choice question 8 from the 2017 Post Utme Coal City University Commerce examination.

Post Utme Coal City University 2017 Commerce Objective / Multiple Choice
Question 8 POST_UTME_COAL_CITY_UNIVERSITY • 2017 • COMMERCE • objective

A bank's balance sheet is given by Assets = Liabilities + Equity. If the bank's assets and liabilities are 100 and 50 respectively, what is the bank's equity?

Answer Options

A. 25
B. 50
Correct Answer C. 75
D. 100
Correct Answer
C
Correct Option:
75

About This Question

This is Post Utme Coal City University 2017 Commerce Question 8. It is one of the objective questions from the 2017 Post Utme Coal City University Commerce examination.

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