Post Utme Coal City University 2019 Accounting Question 30

Practice objective / multiple choice question 30 from the 2019 Post Utme Coal City University Accounting examination.

Post Utme Coal City University 2019 Accounting Objective / Multiple Choice
Question 30 POST_UTME_COAL_CITY_UNIVERSITY • 2019 • ACCOUNTING • objective

A company's balance sheet as of December 31, 2022, is as follows: Assets: ₦500,000; Liabilities: ₦200,000; Equity: ₦300,000. What is the company's liquidity ratio?

Answer Options

A. 1.5
Correct Answer B. 2.0
C. 2.5
D. 3.0
Correct Answer
B
Correct Option:
2.0

About This Question

This is Post Utme Coal City University 2019 Accounting Question 30. It is one of the objective questions from the 2019 Post Utme Coal City University Accounting examination.

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