Post Utme Esut 2025 Accounting Question 39

Practice objective / multiple choice question 39 from the 2025 Post Utme Esut Accounting examination.

Post Utme Esut 2025 Accounting Objective / Multiple Choice
Question 39 POST_UTME_ESUT • 2025 • ACCOUNTING • objective

A company uses the weighted average method to value its inventory. The cost of goods available for sale is ₦500,000, and the cost of goods sold is ₦400,000. If the inventory turnover ratio is 4:1, what is the value of the inventory at the end of the year?

Answer Options

A. ₦100,000
B. ₦150,000
Correct Answer C. ₦200,000
D. ₦250,000
Correct Answer
C
Correct Option:
₦200,000

About This Question

This is Post Utme Esut 2025 Accounting Question 39. It is one of the objective questions from the 2025 Post Utme Esut Accounting examination.

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