Post Utme Joseph Ayo Babalola University 2023 Accounting Question 9

Practice objective / multiple choice question 9 from the 2023 Post Utme Joseph Ayo Babalola University Accounting examination.

Post Utme Joseph Ayo Babalola University 2023 Accounting Objective / Multiple Choice
Question 9 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2023 • ACCOUNTING • objective

A company has the following balance sheet: Assets 500,000, Liabilities 200,000, Equity 300,000. What is the current ratio?

Answer Options

A. 2.5
Correct Answer B. 3.0
C. 2.0
D. 1.5
Correct Answer
B
Correct Option:
3.0

About This Question

This is Post Utme Joseph Ayo Babalola University 2023 Accounting Question 9. It is one of the objective questions from the 2023 Post Utme Joseph Ayo Babalola University Accounting examination.

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