Post Utme Elizade University 2018 Accounting Question 3

Practice objective / multiple choice question 3 from the 2018 Post Utme Elizade University Accounting examination.

Post Utme Elizade University 2018 Accounting Objective / Multiple Choice

Question 3 POST_UTME_ELIZADE_UNIVERSITY • 2018 • ACCOUNTING • objective

A company's balance sheet shows the following information: Assets ₦500,000, Liabilities ₦200,000, and Equity ₦300,000. What is the company's debt-to-equity ratio?

Answer Options

A. 1:1

Correct Answer B. 2:1

C. 3:1

D. 4:1

Correct Answer

Correct Option:

2:1

About This Question

This is Post Utme Elizade University 2018 Accounting Question 3. It is one of the objective questions from the 2018 Post Utme Elizade University Accounting examination.

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