Post Utme Noun 2018 Commerce Question 5

Practice objective / multiple choice question 5 from the 2018 Post Utme Noun Commerce examination.

Post Utme Noun 2018 Commerce Objective / Multiple Choice
Question 5 POST_UTME_NOUN • 2018 • COMMERCE • objective

A company's financial statements show a net income of ₦100,000 and a total assets of ₦500,000. What is the return on assets (ROA) of the company?

Answer Options

A. 10%
Correct Answer B. 15%
C. 20%
D. 25%
Correct Answer
B
Correct Option:
15%

About This Question

This is Post Utme Noun 2018 Commerce Question 5. It is one of the objective questions from the 2018 Post Utme Noun Commerce examination.

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