Post Utme Greenfield University 2025 Accounting Question 36
Practice objective / multiple choice question 36 from the 2025 Post Utme Greenfield University Accounting examination.
A company's trading account for the year ended 31st December 2024 shows a profit of ₦1,500,000. The balance sheet as at 31st December 2024 shows a current asset of ₦2,500,000 and a non-current asset of ₦3,000,000. The company's total liabilities as at 31st December 2024 amount to ₦4,000,000. Calculate the company's net worth as at 31st December 2024.
Answer Options
About This Question
This is Post Utme Greenfield University 2025 Accounting Question 36. It is one of the objective questions from the 2025 Post Utme Greenfield University Accounting examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.