Post Utme Igbinedion University 2022 Accounting Question 3

Practice objective / multiple choice question 3 from the 2022 Post Utme Igbinedion University Accounting examination.

Post Utme Igbinedion University 2022 Accounting Objective / Multiple Choice
Question 3 POST_UTME_IGBINEDION_UNIVERSITY • 2022 • ACCOUNTING • objective

A company's assets are ₦1,000,000, liabilities are ₦200,000, and equity is ₦800,000. Calculate the company's liquidity ratio.

Answer Options

Correct Answer A. 1.33
B. 1.33
C. 1.33
D. 1.33
Correct Answer
A
Correct Option:
1.33

About This Question

This is Post Utme Igbinedion University 2022 Accounting Question 3. It is one of the objective questions from the 2022 Post Utme Igbinedion University Accounting examination.

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