Post Utme Greenfield University 2018 Accounting Question 17

Practice objective / multiple choice question 17 from the 2018 Post Utme Greenfield University Accounting examination.

Post Utme Greenfield University 2018 Accounting Objective / Multiple Choice
Question 17 POST_UTME_GREENFIELD_UNIVERSITY • 2018 • ACCOUNTING • objective

A company's balance sheet shows a current ratio of 2:1. If the company's current assets are ₦1,500,000 and its current liabilities are ₦750,000, what is the amount of the company's non-current liabilities?

Answer Options

A. ₦1,000,000
B. ₦1,250,000
C. ₦1,500,000
Correct Answer D. ₦1,750,000
Correct Answer
D
Correct Option:
₦1,750,000

About This Question

This is Post Utme Greenfield University 2018 Accounting Question 17. It is one of the objective questions from the 2018 Post Utme Greenfield University Accounting examination.

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