Post Utme Lautech 2022 Accounting Question 2

Practice objective / multiple choice question 2 from the 2022 Post Utme Lautech Accounting examination.

Post Utme Lautech 2022 Accounting Objective / Multiple Choice
Question 2 POST_UTME_LAUTECH • 2022 • ACCOUNTING • objective

A company's capital structure consists of 60% equity and 40% debt. If the company's total capital is ₦1,000,000, calculate the amount of debt.

Answer Options

A. ₦400,000
Correct Answer B. ₦500,000
C. ₦600,000
D. ₦800,000
Correct Answer
B
Correct Option:
₦500,000

About This Question

This is Post Utme Lautech 2022 Accounting Question 2. It is one of the objective questions from the 2022 Post Utme Lautech Accounting examination.

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