Post Utme Crawford University 2021 Commerce Question 28

Practice objective / multiple choice question 28 from the 2021 Post Utme Crawford University Commerce examination.

Post Utme Crawford University 2021 Commerce Objective / Multiple Choice
Question 28 POST_UTME_CRAWFORD_UNIVERSITY • 2021 • COMMERCE • objective

A firm's inventory is valued at ₦1,000,000. If the inventory is 20% of the total assets, what is the total value of the firm's assets?

Answer Options

A. ₦5,000,000
Correct Answer B. ₦4,000,000
C. ₦3,000,000
D. ₦2,000,000
Correct Answer
B
Correct Option:
₦4,000,000

About This Question

This is Post Utme Crawford University 2021 Commerce Question 28. It is one of the objective questions from the 2021 Post Utme Crawford University Commerce examination.

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