Post Utme Coal City University 2021 Accounting Question 25

Practice objective / multiple choice question 25 from the 2021 Post Utme Coal City University Accounting examination.

Post Utme Coal City University 2021 Accounting Objective / Multiple Choice
Question 25 POST_UTME_COAL_CITY_UNIVERSITY • 2021 • ACCOUNTING • objective

A company has the following balance sheet: Assets ₦500,000, Liabilities ₦200,000, and Equity ₦300,000. Calculate the company's gearing ratio.

Answer Options

A. 0.4
Correct Answer B. 0.5
C. 0.6
D. 0.7
Correct Answer
B
Correct Option:
0.5

About This Question

This is Post Utme Coal City University 2021 Accounting Question 25. It is one of the objective questions from the 2021 Post Utme Coal City University Accounting examination.

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