Post Utme Madonna University 2017 Commerce Question 4

Practice objective / multiple choice question 4 from the 2017 Post Utme Madonna University Commerce examination.

Post Utme Madonna University 2017 Commerce Objective / Multiple Choice
Question 4 POST_UTME_MADONNA_UNIVERSITY • 2017 • COMMERCE • objective

A bank has the following balance sheet: ₦1,000,000 in cash, ₦500,000 in loans, ₦200,000 in investments, and ₦300,000 in deposits. What is the bank's liquidity ratio?

Answer Options

A. 0.5
Correct Answer B. 0.6
C. 0.7
D. 0.8
Correct Answer
B
Correct Option:
0.6

About This Question

This is Post Utme Madonna University 2017 Commerce Question 4. It is one of the objective questions from the 2017 Post Utme Madonna University Commerce examination.

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