Post Utme Coal City University 2022 Accounting Question 20

Practice objective / multiple choice question 20 from the 2022 Post Utme Coal City University Accounting examination.

Post Utme Coal City University 2022 Accounting Objective / Multiple Choice

Question 20 POST_UTME_COAL_CITY_UNIVERSITY • 2022 • ACCOUNTING • objective

A company has the following balance sheet: Assets ₦500,000; Liabilities ₦200,000; Capital ₦300,000. Calculate the ratio of capital to liabilities.

Answer Options

Correct Answer A. 1:2

B. 2:3

C. 3:4

D. 4:5

Correct Answer

Correct Option:

1:2

About This Question

This is Post Utme Coal City University 2022 Accounting Question 20. It is one of the objective questions from the 2022 Post Utme Coal City University Accounting examination.

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