Post Utme Greenfield University 2022 Commerce Question 35

Practice objective / multiple choice question 35 from the 2022 Post Utme Greenfield University Commerce examination.

Post Utme Greenfield University 2022 Commerce Objective / Multiple Choice

Question 35 POST_UTME_GREENFIELD_UNIVERSITY • 2022 • COMMERCE • objective

A company's financial statements show a current ratio of 2:1. What does this indicate about the company's liquidity position?

Answer Options

Correct Answer A. The company has a high level of liquidity

B. The company has a low level of liquidity

C. The company's liquidity position is neutral

D. The company's liquidity position is uncertain

Correct Answer

Correct Option:

The company has a high level of liquidity

About This Question

This is Post Utme Greenfield University 2022 Commerce Question 35. It is one of the objective questions from the 2022 Post Utme Greenfield University Commerce examination.

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