Post Utme Mountain Top University 2023 Accounting Question 19

Practice objective / multiple choice question 19 from the 2023 Post Utme Mountain Top University Accounting examination.

Post Utme Mountain Top University 2023 Accounting Objective / Multiple Choice
Question 19 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2023 • ACCOUNTING • objective

A company's balance sheet shows a current ratio of 2:3. If the company's current assets are ₦1,200,000, calculate the company's current liabilities.

Answer Options

A. ₦1,800,000
Correct Answer B. ₦2,400,000
C. ₦3,000,000
D. ₦3,600,000
Correct Answer
B
Correct Option:
₦2,400,000

About This Question

This is Post Utme Mountain Top University 2023 Accounting Question 19. It is one of the objective questions from the 2023 Post Utme Mountain Top University Accounting examination.

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