Post Utme Crawford University 2017 Accounting Question 29

Practice objective / multiple choice question 29 from the 2017 Post Utme Crawford University Accounting examination.

Post Utme Crawford University 2017 Accounting Objective / Multiple Choice
Question 29 POST_UTME_CRAWFORD_UNIVERSITY • 2017 • ACCOUNTING • objective

A company has the following balance sheet: Assets ₦500,000, Liabilities ₦200,000, Equity ₦300,000. What is the company's current ratio?

Answer Options

A. 2.5
Correct Answer B. 3.0
C. 2.0
D. 1.5
Correct Answer
B
Correct Option:
3.0

About This Question

This is Post Utme Crawford University 2017 Accounting Question 29. It is one of the objective questions from the 2017 Post Utme Crawford University Accounting 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