Post Utme Lautech 2023 General Studies Question 37

Practice objective / multiple choice question 37 from the 2023 Post Utme Lautech General Studies examination.

Post Utme Lautech 2023 General Studies Objective / Multiple Choice
Question 37 POST_UTME_LAUTECH • 2023 • GENERAL STUDIES • objective

A company has a profit of ₦1,500,000 and a total asset of ₦5,000,000. What is the company's debt-to-equity ratio?

Answer Options

A. 0.3
Correct Answer B. 0.6
C. 0.8
D. 1.2
Correct Answer
B
Correct Option:
0.6

About This Question

This is Post Utme Lautech 2023 General Studies Question 37. It is one of the objective questions from the 2023 Post Utme Lautech General Studies examination.

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