Post Utme Oau 2017 Accounting Question 25

Practice objective / multiple choice question 25 from the 2017 Post Utme Oau Accounting examination.

Post Utme Oau 2017 Accounting Objective / Multiple Choice
Question 25 POST_UTME_OAU • 2017 • ACCOUNTING • objective

A company's assets were valued at ₦ 500,000, liabilities were ₦ 200,000, and equity was ₦ 300,000. What is the company's net worth?

Answer Options

A. ₦ 100,000
B. ₦ 200,000
Correct Answer C. ₦ 300,000
D. ₦ 400,000
Correct Answer
C
Correct Option:
₦ 300,000

About This Question

This is Post Utme Oau 2017 Accounting Question 25. It is one of the objective questions from the 2017 Post Utme Oau Accounting examination.

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