Post Utme Nile University 2019 Accounting Question 23

Practice objective / multiple choice question 23 from the 2019 Post Utme Nile University Accounting examination.

Post Utme Nile University 2019 Accounting Objective / Multiple Choice
Question 23 POST_UTME_NILE_UNIVERSITY • 2019 • ACCOUNTING • objective

A company's balance sheet as at 31st December 2022 is as follows: Assets: ₦1,500,000 Liabilities: ₦1,000,000 Capital: ₦500,000 What is the company's liquidity ratio?

Answer Options

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

About This Question

This is Post Utme Nile University 2019 Accounting Question 23. It is one of the objective questions from the 2019 Post Utme Nile University Accounting examination.

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