Post Utme Joseph Ayo Babalola University 2025 Accounting Question 27

Practice objective / multiple choice question 27 from the 2025 Post Utme Joseph Ayo Babalola University Accounting examination.

Post Utme Joseph Ayo Babalola University 2025 Accounting Objective / Multiple Choice
Question 27 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2025 • ACCOUNTING • objective

A company's balance sheet as at 31st December 2024 is as follows: Assets ₦1,500,000, Liabilities ₥0,000,000, Capital ₥1,500,000. Calculate the company's gearing ratio.

Answer Options

Correct Answer A. 0.6
B. 0.7
C. 0.8
D. 0.9
Correct Answer
A
Correct Option:
0.6

About This Question

This is Post Utme Joseph Ayo Babalola University 2025 Accounting Question 27. It is one of the objective questions from the 2025 Post Utme Joseph Ayo Babalola University Accounting examination.

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