Post Utme Covenant University 2023 Commerce Question 18

Practice objective / multiple choice question 18 from the 2023 Post Utme Covenant University Commerce examination.

Post Utme Covenant University 2023 Commerce Objective / Multiple Choice
Question 18 POST_UTME_COVENANT_UNIVERSITY • 2023 • COMMERCE • objective

A company has a debt of ₦1,000,000 and an equity of ₦2,000,000. What is the debt-to-equity ratio?

Answer Options

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

About This Question

This is Post Utme Covenant University 2023 Commerce Question 18. It is one of the objective questions from the 2023 Post Utme Covenant University Commerce examination.

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