Post Utme Ksu 2020 Accounting Question 14

Practice objective / multiple choice question 14 from the 2020 Post Utme Ksu Accounting examination.

Post Utme Ksu 2020 Accounting Objective / Multiple Choice
Question 14 POST_UTME_KSU • 2020 • ACCOUNTING • objective

A company's balance sheet as at 31st December 2020 shows a current ratio of 2:1. If the company's current assets are ₦1,500,000 and its current liabilities are ₦750,000, calculate the company's current assets.

Answer Options

Correct Answer A. ₦1,500,000
B. ₦1,250,000
C. ₦1,000,000
D. ₦750,000
Correct Answer
A
Correct Option:
₦1,500,000

About This Question

This is Post Utme Ksu 2020 Accounting Question 14. It is one of the objective questions from the 2020 Post Utme Ksu Accounting examination.

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