Post Utme Crawford University 2020 Commerce Question 19

Practice objective / multiple choice question 19 from the 2020 Post Utme Crawford University Commerce examination.

Post Utme Crawford University 2020 Commerce Objective / Multiple Choice
Question 19 POST_UTME_CRAWFORD_UNIVERSITY • 2020 • COMMERCE • objective

A company's financial statements show that its current ratio is 2:1. If the company's current assets are ₦500,000 and its current liabilities are ₦250,000, what is the company's quick ratio?

Answer Options

Correct Answer A. 1.5
B. 2
C. 2.5
D. 3
Correct Answer
A
Correct Option:
1.5

About This Question

This is Post Utme Crawford University 2020 Commerce Question 19. It is one of the objective questions from the 2020 Post Utme Crawford University Commerce examination.

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