Post Utme Futa 2023 Accounting Question 29

Practice objective / multiple choice question 29 from the 2023 Post Utme Futa Accounting examination.

Post Utme Futa 2023 Accounting Objective / Multiple Choice
Question 29 POST_UTME_FUTA • 2023 • ACCOUNTING • objective

A company's financial statements show the following: Total Assets ₦500,000, Total Liabilities ₦200,000, and Total Stockholders' Equity ₦300,000. What is the company's debt-to-equity ratio?

Answer Options

A. 1:1
Correct Answer B. 2:1
C. 3:1
D. 4:1
Correct Answer
B
Correct Option:
2:1

About This Question

This is Post Utme Futa 2023 Accounting Question 29. It is one of the objective questions from the 2023 Post Utme Futa Accounting examination.

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