Post Utme Futo 2023 Commerce Question 15

Practice objective / multiple choice question 15 from the 2023 Post Utme Futo Commerce examination.

Post Utme Futo 2023 Commerce Objective / Multiple Choice
Question 15 POST_UTME_FUTO • 2023 • COMMERCE • objective

A sole trader has incurred a loss of ₦50,000 in the course of business. The sole trader's personal assets are valued at ₦200,000. What is the sole trader's net worth?

Answer Options

A. ₦150,000
Correct Answer B. ₦200,000
C. ₦250,000
D. ₦300,000
Correct Answer
B
Correct Option:
₦200,000

About This Question

This is Post Utme Futo 2023 Commerce Question 15. It is one of the objective questions from the 2023 Post Utme Futo Commerce examination.

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