Post Utme Crawford University 2020 Accounting Question 3

Practice objective / multiple choice question 3 from the 2020 Post Utme Crawford University Accounting examination.

Post Utme Crawford University 2020 Accounting Objective / Multiple Choice
Question 3 POST_UTME_CRAWFORD_UNIVERSITY • 2020 • ACCOUNTING • objective

A company's balance sheet shows the following information: Assets ₦500,000, Liabilities ₦200,000, and 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 2020 Accounting Question 3. It is one of the objective questions from the 2020 Post Utme Crawford University Accounting examination.

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