Post Utme Crawford University 2018 Accounting Question 9

Practice objective / multiple choice question 9 from the 2018 Post Utme Crawford University Accounting examination.

Post Utme Crawford University 2018 Accounting Objective / Multiple Choice
Question 9 POST_UTME_CRAWFORD_UNIVERSITY • 2018 • ACCOUNTING • objective

A company's balance sheet as at 31st December, 2018 is as follows: Assets ₦1,500,000, Liabilities ₦1,000,000, and Equity ₦500,000. What is the company's current ratio?

Answer Options

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

About This Question

This is Post Utme Crawford University 2018 Accounting Question 9. It is one of the objective questions from the 2018 Post Utme Crawford University Accounting examination.

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