Post Utme Nile University 2024 Commerce Question 39

Practice objective / multiple choice question 39 from the 2024 Post Utme Nile University Commerce examination.

Post Utme Nile University 2024 Commerce Objective / Multiple Choice
Question 39 POST_UTME_NILE_UNIVERSITY • 2024 • COMMERCE • objective

A bank is considering a loan application from a small business owner. The business owner has a credit score of 600 and a debt-to-equity ratio of 2:1. What is the likelihood that the bank will approve the loan?

Answer Options

A. High
Correct Answer B. Medium
C. Low
D. Very Low
Correct Answer
B
Correct Option:
Medium

About This Question

This is Post Utme Nile University 2024 Commerce Question 39. It is one of the objective questions from the 2024 Post Utme Nile University Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support