Post Utme Elizade University 2022 Accounting Question 13

Practice objective / multiple choice question 13 from the 2022 Post Utme Elizade University Accounting examination.

Post Utme Elizade University 2022 Accounting Objective / Multiple Choice
Question 13 POST_UTME_ELIZADE_UNIVERSITY • 2022 • ACCOUNTING • objective

A company's balance sheet as at 31st December 2022 is as follows: Assets: ₦2,500,000 Equity: ₦1,500,000 Liabilities: ₦1,000,000 Calculate the current ratio.

Answer Options

Correct Answer A. 2.5
B. 2.0
C. 1.5
D. 1.0
Correct Answer
A
Correct Option:
2.5

About This Question

This is Post Utme Elizade University 2022 Accounting Question 13. It is one of the objective questions from the 2022 Post Utme Elizade University Accounting examination.

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