Post Utme Madonna University 2017 Commerce Question 5

Practice objective / multiple choice question 5 from the 2017 Post Utme Madonna University Commerce examination.

Post Utme Madonna University 2017 Commerce Objective / Multiple Choice
Question 5 POST_UTME_MADONNA_UNIVERSITY • 2017 • COMMERCE • objective

A company has the following financial ratios: Current ratio = 2, Quick ratio = 1.5, Debt-to-equity ratio = 0.5. What is the company's liquidity position?

Answer Options

Correct Answer A. High liquidity
B. Moderate liquidity
C. Low liquidity
D. Very low liquidity
Correct Answer
A
Correct Option:
High liquidity

About This Question

This is Post Utme Madonna University 2017 Commerce Question 5. It is one of the objective questions from the 2017 Post Utme Madonna University Commerce examination.

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