Post Utme Lautech 2025 Commerce Question 25

Practice objective / multiple choice question 25 from the 2025 Post Utme Lautech Commerce examination.

Post Utme Lautech 2025 Commerce Objective / Multiple Choice
Question 25 POST_UTME_LAUTECH • 2025 • COMMERCE • objective

A firm has the following financial statements: assets = ₦1,500,000, liabilities = ₦800,000, and equity = ₦700,000. What is the firm's debt-to-equity ratio?

Answer Options

A. 1:1
Correct Answer B. 1:2
C. 2:1
D. 3:1
Correct Answer
B
Correct Option:
1:2

About This Question

This is Post Utme Lautech 2025 Commerce Question 25. It is one of the objective questions from the 2025 Post Utme Lautech Commerce examination.

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