Post Utme Lead City University 2017 Commerce Question 10

Practice objective / multiple choice question 10 from the 2017 Post Utme Lead City University Commerce examination.

Post Utme Lead City University 2017 Commerce Objective / Multiple Choice

Question 10 POST_UTME_LEAD_CITY_UNIVERSITY • 2017 • COMMERCE • objective

A firm's assets are 100,000, liabilities are 50,000, and equity is 50,000. 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

Correct Option:

1:2

About This Question

This is Post Utme Lead City University 2017 Commerce Question 10. It is one of the objective questions from the 2017 Post Utme Lead City University Commerce examination.

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