Post Utme Coal City University 2018 Accounting Question 10

Practice objective / multiple choice question 10 from the 2018 Post Utme Coal City University Accounting examination.

Post Utme Coal City University 2018 Accounting Objective / Multiple Choice
Question 10 POST_UTME_COAL_CITY_UNIVERSITY • 2018 • ACCOUNTING • objective

A company's assets are valued at ₦600 million, liabilities are ₦250 million, and equity is ₦350 million. What is the company's ratio of debt to equity?

Answer Options

A. 1:2
Correct Answer B. 1:3
C. 2:3
D. 3:4
Correct Answer
B
Correct Option:
1:3

About This Question

This is Post Utme Coal City University 2018 Accounting Question 10. It is one of the objective questions from the 2018 Post Utme Coal City University Accounting examination.

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