Post Utme Elizade University 2024 Commerce Question 12

Practice objective / multiple choice question 12 from the 2024 Post Utme Elizade University Commerce examination.

Post Utme Elizade University 2024 Commerce Objective / Multiple Choice
Question 12 POST_UTME_ELIZADE_UNIVERSITY • 2024 • COMMERCE • objective

A company has a cash balance of ₦500,000 and a bank overdraft of ₦200,000. The company's current liabilities are ₦800,000. What is the company's net current liability?

Answer Options

A. ₦100,000
B. ₦300,000
Correct Answer C. ₦400,000
D. ₦500,000
Correct Answer
C
Correct Option:
₦400,000

About This Question

This is Post Utme Elizade University 2024 Commerce Question 12. It is one of the objective questions from the 2024 Post Utme Elizade University Commerce examination.

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