Post Utme Coal City University 2025 Commerce Question 42

Practice objective / multiple choice question 42 from the 2025 Post Utme Coal City University Commerce examination.

Post Utme Coal City University 2025 Commerce Objective / Multiple Choice
Question 42 POST_UTME_COAL_CITY_UNIVERSITY • 2025 • COMMERCE • objective

A firm's debt-to-equity ratio is 2:1. If its total debt is ₦4,000,000 and its equity is ₦2,000,000, what is its interest coverage ratio?

Answer Options

A. 1:1
Correct Answer B. 1.5:1
C. 2:1
D. 3:1
Correct Answer
B
Correct Option:
1.5:1

About This Question

This is Post Utme Coal City University 2025 Commerce Question 42. It is one of the objective questions from the 2025 Post Utme Coal City University Commerce examination.

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