Post Utme Lautech 2022 Accounting Question 25

Practice objective / multiple choice question 25 from the 2022 Post Utme Lautech Accounting examination.

Post Utme Lautech 2022 Accounting Objective / Multiple Choice
Question 25 POST_UTME_LAUTECH • 2022 • ACCOUNTING • objective

A company's balance sheet shows an asset of ₦100,000. The company's profit and loss account shows a profit of ₦50,000. Calculate the company's return on investment (ROI) using the formula: ROI = (Profit / Total Assets) x 100.

Answer Options

A. 20%
Correct Answer B. 25%
C. 30%
D. 35%
Correct Answer
B
Correct Option:
25%

About This Question

This is Post Utme Lautech 2022 Accounting Question 25. It is one of the objective questions from the 2022 Post Utme Lautech Accounting examination.

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