Post Utme Delsu 2018 Accounting Question 40

Practice objective / multiple choice question 40 from the 2018 Post Utme Delsu Accounting examination.

Post Utme Delsu 2018 Accounting Objective / Multiple Choice
Question 40 POST_UTME_DELSU • 2018 • ACCOUNTING • objective

A company's financial statements are as follows: Assets ¡ 500,000, Liabilities ¡ 200,000, Equity ¡ 300,000. What is the company's net worth?

Answer Options

A. ¡ 200,000
B. ¡ 300,000
C. ¡ 400,000
Correct Answer D. ¡ 500,000
Correct Answer
D
Correct Option:
¡ 500,000

About This Question

This is Post Utme Delsu 2018 Accounting Question 40. It is one of the objective questions from the 2018 Post Utme Delsu Accounting examination.

View More Post Utme Delsu 2018 Accounting Questions More Post Utme Delsu Practice Questions Back to Questions

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