Post Utme Lead City University 2019 Commerce Question 12

Practice objective / multiple choice question 12 from the 2019 Post Utme Lead City University Commerce examination.

Post Utme Lead City University 2019 Commerce Objective / Multiple Choice
Question 12 POST_UTME_LEAD_CITY_UNIVERSITY • 2019 • COMMERCE • objective

A company has a total of ₦1,500,000 in assets and ₦800,000 in liabilities. What is the company's equity?

Answer Options

A. ₦700,000
Correct Answer B. ₦1,000,000
C. ₦1,500,000
D. ₦2,300,000
Correct Answer
B
Correct Option:
₦1,000,000

About This Question

This is Post Utme Lead City University 2019 Commerce Question 12. It is one of the objective questions from the 2019 Post Utme Lead City University Commerce examination.

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