Post Utme Ims U 2019 Commerce Question 31

Practice objective / multiple choice question 31 from the 2019 Post Utme Ims U Commerce examination.

Post Utme Ims U 2019 Commerce Objective / Multiple Choice
Question 31 POST_UTME_IMS_U • 2019 • COMMERCE • objective

A company's assets are valued at ₦1.2 billion, liabilities are ₦600 million, and equity is ₦600 million. What is the company's debt-to-equity ratio?

Answer Options

A. 1.5
Correct Answer B. 2.0
C. 1.0
D. 0.5
Correct Answer
B
Correct Option:
2.0

About This Question

This is Post Utme Ims U 2019 Commerce Question 31. It is one of the objective questions from the 2019 Post Utme Ims U Commerce examination.

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