Post Utme Esut 2024 Accounting Question 3

Practice objective / multiple choice question 3 from the 2024 Post Utme Esut Accounting examination.

Post Utme Esut 2024 Accounting Objective / Multiple Choice

Question 3 POST_UTME_ESUT • 2024 • ACCOUNTING • objective

A company's balance sheet shows a current ratio of 2:1. If the company's current assets are ₦150,000 and its current liabilities are ₦75,000, what is the company's quick ratio?

Correct Answer A. 1:1

B. 2:1

C. 3:1

D. 4:1

Correct Answer

Correct Option:

1:1

This is Post Utme Esut 2024 Accounting Question 3. It is one of the objective questions from the 2024 Post Utme Esut Accounting examination.

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