Post Utme Coal City University 2025 Commerce Question 9

Practice objective / multiple choice question 9 from the 2025 Post Utme Coal City University Commerce examination.

Post Utme Coal City University 2025 Commerce Objective / Multiple Choice
Question 9 POST_UTME_COAL_CITY_UNIVERSITY • 2025 • COMMERCE • objective

A bank has the following balance sheet: Assets = 100, Liabilities = 50, Equity = 50. If the bank wants to increase its equity by 10%, what is the required increase in assets?

Answer Options

A. 10
Correct Answer B. 20
C. 30
D. 40
Correct Answer
B
Correct Option:
20

About This Question

This is Post Utme Coal City University 2025 Commerce Question 9. It is one of the objective questions from the 2025 Post Utme Coal City University Commerce examination.

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