Post Utme Mountain Top University 2022 Accounting Question 40

Practice objective / multiple choice question 40 from the 2022 Post Utme Mountain Top University Accounting examination.

Post Utme Mountain Top University 2022 Accounting Objective / Multiple Choice

Question 40 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2022 • ACCOUNTING • objective

A firm has a capital of ₦2,000,000 and a reserve of ₦1,000,000. Calculate the ratio of capital to reserve.

Answer Options

A. 1:1

Correct Answer B. 2:1

C. 3:1

D. 4:1

Correct Answer

Correct Option:

2:1

About This Question

This is Post Utme Mountain Top University 2022 Accounting Question 40. It is one of the objective questions from the 2022 Post Utme Mountain Top University Accounting examination.

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