Post Utme Ksu 2023 Accounting Question 28

Practice objective / multiple choice question 28 from the 2023 Post Utme Ksu Accounting examination.

Post Utme Ksu 2023 Accounting Objective / Multiple Choice
Question 28 POST_UTME_KSU • 2023 • ACCOUNTING • objective

A company has the following balance sheet: Assets ₦2,000,000, Liabilities ₦1,000,000, and Equity ₦1,000,000. What is the company's current ratio?

Answer Options

Correct Answer A. 2:1
B. 3:2
C. 4:3
D. 5:4
Correct Answer
A
Correct Option:
2:1

About This Question

This is Post Utme Ksu 2023 Accounting Question 28. It is one of the objective questions from the 2023 Post Utme Ksu Accounting examination.

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