Post Utme Lasu 2025 Accounting Question 9

Practice objective / multiple choice question 9 from the 2025 Post Utme Lasu Accounting examination.

Post Utme Lasu 2025 Accounting Objective / Multiple Choice
Question 9 POST_UTME_LASU • 2025 • ACCOUNTING • objective

A company's balance sheet as at 31st December, 2024, is as follows: Share Capital: ₦1,000,000; Retained Earnings: ₦500,000; Total Assets: ₦2,500,000. Calculate the company's debt ratio.

Answer Options

A. 0.4
Correct Answer B. 0.5
C. 0.6
D. 0.7
Correct Answer
B
Correct Option:
0.5

About This Question

This is Post Utme Lasu 2025 Accounting Question 9. It is one of the objective questions from the 2025 Post Utme Lasu Accounting examination.

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