Post Utme Joseph Ayo Babalola University 2025 Accounting Question 29

Practice objective / multiple choice question 29 from the 2025 Post Utme Joseph Ayo Babalola University Accounting examination.

Post Utme Joseph Ayo Babalola University 2025 Accounting Objective / Multiple Choice
Question 29 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 liquidity 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 29. It is one of the objective questions from the 2025 Post Utme Joseph Ayo Babalola University Accounting examination.

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