Post Utme Elizade University 2025 Accounting Question 14

Practice objective / multiple choice question 14 from the 2025 Post Utme Elizade University Accounting examination.

Post Utme Elizade University 2025 Accounting Objective / Multiple Choice
Question 14 POST_UTME_ELIZADE_UNIVERSITY • 2025 • ACCOUNTING • objective

A company's trading account for the year shows a profit of ₦500,000. The company's balance sheet shows a total equity of ₦2,000,000. What is the company's return on equity?

Answer Options

Correct Answer A. 25%
B. 30%
C. 35%
D. 40%
Correct Answer
A
Correct Option:
25%

About This Question

This is Post Utme Elizade University 2025 Accounting Question 14. It is one of the objective questions from the 2025 Post Utme Elizade University Accounting examination.

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