Post Utme Coal City University 2025 Commerce Question 37

Practice objective / multiple choice question 37 from the 2025 Post Utme Coal City University Commerce examination.

Post Utme Coal City University 2025 Commerce Objective / Multiple Choice
Question 37 POST_UTME_COAL_CITY_UNIVERSITY • 2025 • COMMERCE • objective

A company's balance sheet shows a total assets of ₦5,000,000 and liabilities of ₦2,000,000. What is the company's equity?

Answer Options

Correct Answer A. ₦3,000,000
B. ₦3,500,000
C. ₦4,000,000
D. ₦5,000,000
Correct Answer
A
Correct Option:
₦3,000,000

About This Question

This is Post Utme Coal City University 2025 Commerce Question 37. It is one of the objective questions from the 2025 Post Utme Coal City University Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support