Post Utme Ksu 2020 Accounting Question 24

Practice objective / multiple choice question 24 from the 2020 Post Utme Ksu Accounting examination.

Post Utme Ksu 2020 Accounting Objective / Multiple Choice
Question 24 POST_UTME_KSU • 2020 • ACCOUNTING • objective

A company's balance sheet shows a current ratio of 2:1. If the company's current assets are ₦100,000 and its current liabilities are ₦50,000, what is the company's quick ratio?

Answer Options

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

About This Question

This is Post Utme Ksu 2020 Accounting Question 24. It is one of the objective questions from the 2020 Post Utme Ksu Accounting examination.

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