Post Utme Delsu 2021 Accounting Question 5
Practice objective / multiple choice question 5 from the 2021 Post Utme Delsu Accounting examination.
A company's balance sheet as of December 31, 2020, shows the following: Cash ₦150,000, Accounts Receivable ₦200,000, Inventory ₦300,000, Total Assets ₦750,000, Total Liabilities ₦300,000, and Total Equity ₦450,000. What is the company's debt-to-equity ratio?
Answer Options
About This Question
This is Post Utme Delsu 2021 Accounting Question 5. It is one of the objective questions from the 2021 Post Utme Delsu Accounting examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.