Post Utme Elizade University 2025 Accounting Question 8

Practice objective / multiple choice question 8 from the 2025 Post Utme Elizade University Accounting examination.

Post Utme Elizade University 2025 Accounting Objective / Multiple Choice
Question 8 POST_UTME_ELIZADE_UNIVERSITY • 2025 • ACCOUNTING • objective

A company's balance sheet shows a current ratio of 2:1. If the total current assets are ₦100,000 and the total current liabilities are ₦50,000, what is the total quick ratio?

Answer Options

A. 1:1
Correct Answer B. 1:2
C. 2:1
D. 3:2
Correct Answer
B
Correct Option:
1:2

About This Question

This is Post Utme Elizade University 2025 Accounting Question 8. It is one of the objective questions from the 2025 Post Utme Elizade University Accounting examination.

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