Post Utme Lead City University 2019 Accounting Question 24

Practice objective / multiple choice question 24 from the 2019 Post Utme Lead City University Accounting examination.

Post Utme Lead City University 2019 Accounting Objective / Multiple Choice
Question 24 POST_UTME_LEAD_CITY_UNIVERSITY • 2019 • ACCOUNTING • objective

A company has the following balance sheet: assets 100,000, liabilities 50,000, and equity 50,000. What is the return on equity (ROE)?

Answer Options

A. 100%
Correct Answer B. 50%
C. 200%
D. 300%
Correct Answer
B
Correct Option:
50%

About This Question

This is Post Utme Lead City University 2019 Accounting Question 24. It is one of the objective questions from the 2019 Post Utme Lead City University Accounting examination.

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