Post Utme Delsu 2020 Accounting Question 20

Practice objective / multiple choice question 20 from the 2020 Post Utme Delsu Accounting examination.

Post Utme Delsu 2020 Accounting Objective / Multiple Choice
Question 20 POST_UTME_DELSU • 2020 • ACCOUNTING • objective

A company has a balance sheet as follows: Assets ₦500,000, Liabilities ₦200,000, Equity ₦300,000. What is the ratio of debt to equity?

Answer Options

A. 1:1
Correct Answer B. 1:2
C. 2:1
D. 3:1
Correct Answer
B
Correct Option:
1:2

About This Question

This is Post Utme Delsu 2020 Accounting Question 20. It is one of the objective questions from the 2020 Post Utme Delsu Accounting examination.

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