Post Utme Lasu 2017 Accounting Question 25

Practice objective / multiple choice question 25 from the 2017 Post Utme Lasu Accounting examination.

Post Utme Lasu 2017 Accounting Objective / Multiple Choice
Question 25 POST_UTME_LASU • 2017 • ACCOUNTING • objective

A company has the following balance sheet as at December 31, 2022: - Assets: ₦500,000 - Liabilities: ₦200,000 - Equity: ₦300,000 Determine the return on equity.

Answer Options

A. 100%
B. 150%
Correct Answer C. 200%
D. 250%
Correct Answer
C
Correct Option:
200%

About This Question

This is Post Utme Lasu 2017 Accounting Question 25. It is one of the objective questions from the 2017 Post Utme Lasu Accounting examination.

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