Post Utme Lasu 2023 Commerce Question 2

Practice objective / multiple choice question 2 from the 2023 Post Utme Lasu Commerce examination.

Post Utme Lasu 2023 Commerce Objective / Multiple Choice
Question 2 POST_UTME_LASU • 2023 • COMMERCE • objective

A company's financial statements show that its current ratio is 2:1. What does this ratio indicate about the company's liquidity?

Answer Options

Correct Answer A. The company has a high level of liquidity
B. The company has a low level of liquidity
C. The company's liquidity is stable
D. The company's liquidity is decreasing
Correct Answer
A
Correct Option:
The company has a high level of liquidity

About This Question

This is Post Utme Lasu 2023 Commerce Question 2. It is one of the objective questions from the 2023 Post Utme Lasu Commerce examination.

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