Post Utme Futo 2025 Accounting Question 26

Practice objective / multiple choice question 26 from the 2025 Post Utme Futo Accounting examination.

Post Utme Futo 2025 Accounting Objective / Multiple Choice
Question 26 POST_UTME_FUTO • 2025 • ACCOUNTING • objective

A company's balance sheet shows a current ratio of 2:1. If the company's current assets are 200,000 and its current liabilities are 100,000, calculate the company's quick ratio.

Answer Options

Correct Answer A. 1.5
B. 1.8
C. 2.0
D. 2.2
Correct Answer
A
Correct Option:
1.5

About This Question

This is Post Utme Futo 2025 Accounting Question 26. It is one of the objective questions from the 2025 Post Utme Futo Accounting examination.

View More Post Utme Futo 2025 Accounting Questions More Post Utme Futo Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support