Post Utme Noun 2021 Accounting Question 32

Practice objective / multiple choice question 32 from the 2021 Post Utme Noun Accounting examination.

Post Utme Noun 2021 Accounting Objective / Multiple Choice
Question 32 POST_UTME_NOUN • 2021 • ACCOUNTING • objective

A company's balance sheet as at 31st December 2020 is as follows: Equity: ₦500,000; Liabilities: ₦800,000. What is the company's gearing ratio?

Answer Options

A. 1:2
Correct Answer B. 1:3
C. 1:4
D. 1:5
Correct Answer
B
Correct Option:
1:3

About This Question

This is Post Utme Noun 2021 Accounting Question 32. It is one of the objective questions from the 2021 Post Utme Noun Accounting examination.

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