Post Utme Madonna University 2025 Accounting Question 8

Practice objective / multiple choice question 8 from the 2025 Post Utme Madonna University Accounting examination.

Post Utme Madonna University 2025 Accounting Objective / Multiple Choice
Question 8 POST_UTME_MADONNA_UNIVERSITY • 2025 • ACCOUNTING • objective

A company's balance sheet as at 31st December 2024 is as follows: Fixed assets: ₦1,500,000 Current assets: ₦800,000 Capital: ₦1,000,000 Profit: ₦200,000 Calculate the company's current ratio.

Answer Options

Correct Answer A. 2:1
B. 3:1
C. 4:1
D. 5:1
Correct Answer
A
Correct Option:
2:1

About This Question

This is Post Utme Madonna University 2025 Accounting Question 8. It is one of the objective questions from the 2025 Post Utme Madonna University Accounting examination.

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