Post Utme Coal City University 2022 Accounting Question 28

Practice objective / multiple choice question 28 from the 2022 Post Utme Coal City University Accounting examination.

Post Utme Coal City University 2022 Accounting Objective / Multiple Choice
Question 28 POST_UTME_COAL_CITY_UNIVERSITY • 2022 • ACCOUNTING • objective

A company's balance sheet shows total assets of 500,000 and total liabilities of 300,000. What is the company's net worth?

Answer Options

Correct Answer A. 200,000
B. 300,000
C. 400,000
D. 500,000
Correct Answer
A
Correct Option:
200,000

About This Question

This is Post Utme Coal City University 2022 Accounting Question 28. It is one of the objective questions from the 2022 Post Utme Coal City University Accounting examination.

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