Post Utme Crawford University 2017 Accounting Question 19

Practice objective / multiple choice question 19 from the 2017 Post Utme Crawford University Accounting examination.

Post Utme Crawford University 2017 Accounting Objective / Multiple Choice

Question 19 POST_UTME_CRAWFORD_UNIVERSITY • 2017 • ACCOUNTING • objective

A company has the following balance sheet: Assets: ₦100,000 Liabilities: ₦50,000 Equity: ₦50,000 What is the company's current ratio?

Answer Options

Correct Answer A. 2:1

B. 1:1

C. 1:2

D. 3:1

Correct Answer

Correct Option:

2:1

About This Question

This is Post Utme Crawford University 2017 Accounting Question 19. It is one of the objective questions from the 2017 Post Utme Crawford University Accounting examination.

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