Post Utme Futo 2017 Commerce Question 11

Practice objective / multiple choice question 11 from the 2017 Post Utme Futo Commerce examination.

Post Utme Futo 2017 Commerce Objective / Multiple Choice
Question 11 POST_UTME_FUTO • 2017 • COMMERCE • objective

A bank's liquidity ratio is calculated as the ratio of liquid assets to total deposits. If a bank has ₦1,500,000 in liquid assets and ₦2,500,000 in total deposits, what is its liquidity ratio?

Answer Options

Correct Answer A. 0.6
B. 0.7
C. 0.8
D. 0.9
Correct Answer
A
Correct Option:
0.6

About This Question

This is Post Utme Futo 2017 Commerce Question 11. It is one of the objective questions from the 2017 Post Utme Futo Commerce examination.

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