Post Utme Eksu 2017 Commerce Question 4

Practice objective / multiple choice question 4 from the 2017 Post Utme Eksu Commerce examination.

Post Utme Eksu 2017 Commerce Objective / Multiple Choice
Question 4 POST_UTME_EKSU • 2017 • COMMERCE • objective

A sole trader has a fixed asset of ₦200,000 and a current asset of ₦100,000. If the company's total assets are ₦600,000, what is the value of its current liabilities?

Answer Options

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

About This Question

This is Post Utme Eksu 2017 Commerce Question 4. It is one of the objective questions from the 2017 Post Utme Eksu Commerce examination.

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