Post Utme Coal City University 2018 Accounting Question 8

Practice objective / multiple choice question 8 from the 2018 Post Utme Coal City University Accounting examination.

Post Utme Coal City University 2018 Accounting Objective / Multiple Choice
Question 8 POST_UTME_COAL_CITY_UNIVERSITY • 2018 • ACCOUNTING • objective

A company's assets are valued at ₦500 million, liabilities are ₦200 million, and equity is ₦300 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 8. It is one of the objective questions from the 2018 Post Utme Coal City University Accounting examination.

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