Post Utme Lasu 2018 Accounting Question 20

Practice objective / multiple choice question 20 from the 2018 Post Utme Lasu Accounting examination.

Post Utme Lasu 2018 Accounting Objective / Multiple Choice
Question 20 POST_UTME_LASU • 2018 • ACCOUNTING • objective

A company has a balance sheet as follows: Assets ₦500,000, Liabilities ₦300,000, and Equity ₦200,000. What is the company's current ratio?

Answer Options

A. 1.67
Correct Answer B. 2.00
C. 2.33
D. 2.67
Correct Answer
B
Correct Option:
2.00

About This Question

This is Post Utme Lasu 2018 Accounting Question 20. It is one of the objective questions from the 2018 Post Utme Lasu Accounting examination.

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