Post Utme Elizade University 2023 Accounting Question 29

Practice objective / multiple choice question 29 from the 2023 Post Utme Elizade University Accounting examination.

Post Utme Elizade University 2023 Accounting Objective / Multiple Choice
Question 29 POST_UTME_ELIZADE_UNIVERSITY • 2023 • ACCOUNTING • objective

A company's balance sheet shows the following balances: Assets: ₦500,000, Liabilities: ₦200,000, Equity: ₦300,000 What is the company's liquidity ratio?

Answer Options

A. 1.25
Correct Answer B. 1.5
C. 1.75
D. 2.0
Correct Answer
B
Correct Option:
1.5

About This Question

This is Post Utme Elizade University 2023 Accounting Question 29. It is one of the objective questions from the 2023 Post Utme Elizade University Accounting examination.

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