Post Utme Mountain Top University 2024 Commerce Question 15
Practice objective / multiple choice question 15 from the 2024 Post Utme Mountain Top University Commerce examination.
A bank's financial statement shows a net income of ₦1,500,000. If the bank's total assets are ₦10,000,000 and its total liabilities are ₦4,000,000, what is the bank's debt-to-equity ratio?
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About This Question
This is Post Utme Mountain Top University 2024 Commerce Question 15. It is one of the objective questions from the 2024 Post Utme Mountain Top University Commerce examination.
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