Post Utme Greenfield University 2025 Accounting Question 5

Practice objective / multiple choice question 5 from the 2025 Post Utme Greenfield University Accounting examination.

Post Utme Greenfield University 2025 Accounting Objective / Multiple Choice
Question 5 POST_UTME_GREENFIELD_UNIVERSITY • 2025 • ACCOUNTING • objective

A company's balance sheet shows a current ratio of 2:1. The current assets are ₦100,000 and the current liabilities are ₦50,000. What is the correct amount of the current liabilities?

Answer Options

A. ₦25,000
Correct Answer B. ₦50,000
C. ₦75,000
D. ₦100,000
Correct Answer
B
Correct Option:
₦50,000

About This Question

This is Post Utme Greenfield University 2025 Accounting Question 5. It is one of the objective questions from the 2025 Post Utme Greenfield University Accounting examination.

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