Post Utme Elizade University 2020 Commerce Question 4

Practice objective / multiple choice question 4 from the 2020 Post Utme Elizade University Commerce examination.

Post Utme Elizade University 2020 Commerce Objective / Multiple Choice
Question 4 POST_UTME_ELIZADE_UNIVERSITY • 2020 • COMMERCE • objective

A company's balance sheet shows a current ratio of 2:1. If the company's current assets are ₦500,000 and its current liabilities are ₦250,000, what is the amount of its non-current liabilities?

Answer Options

A. ₦250,000
B. ₦375,000
C. ₦500,000
Correct Answer D. ₦750,000
Correct Answer
D
Correct Option:
₦750,000

About This Question

This is Post Utme Elizade University 2020 Commerce Question 4. It is one of the objective questions from the 2020 Post Utme Elizade University Commerce examination.

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