Post Utme Joseph Ayo Babalola University 2024 Commerce Question 12

Practice objective / multiple choice question 12 from the 2024 Post Utme Joseph Ayo Babalola University Commerce examination.

Post Utme Joseph Ayo Babalola University 2024 Commerce Objective / Multiple Choice
Question 12 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2024 • COMMERCE • objective

A company's financial leverage ratio is 2.5. If its total debt is ₦250,000,000, what is its total assets?

Answer Options

A. ₦125,000,000
Correct Answer B. ₦500,000,000
C. ₦1,000,000,000
D. ₦2,500,000,000
Correct Answer
B
Correct Option:
₦500,000,000

About This Question

This is Post Utme Joseph Ayo Babalola University 2024 Commerce Question 12. It is one of the objective questions from the 2024 Post Utme Joseph Ayo Babalola University Commerce examination.

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