Post Utme Ksu 2017 Accounting Question 38

Practice objective / multiple choice question 38 from the 2017 Post Utme Ksu Accounting examination.

Post Utme Ksu 2017 Accounting Objective / Multiple Choice
Question 38 POST_UTME_KSU • 2017 • ACCOUNTING • objective

A company's balance sheet as at December 31, 2022, showed the following: Assets ¡ 10,000,000; Liabilities ¡ 5,000,000; Capital ¡ 5,000,000. Calculate the current ratio.

Answer Options

Correct Answer A. 2:1
B. 1:1
C. 3:2
D. 4:3
Correct Answer
A
Correct Option:
2:1

About This Question

This is Post Utme Ksu 2017 Accounting Question 38. It is one of the objective questions from the 2017 Post Utme Ksu Accounting examination.

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