Post Utme Oau 2017 Accounting Question 34

Practice objective / multiple choice question 34 from the 2017 Post Utme Oau Accounting examination.

Post Utme Oau 2017 Accounting Objective / Multiple Choice
Question 34 POST_UTME_OAU • 2017 • ACCOUNTING • objective

A company's balance sheet shows a current ratio of 2:1. If the company's current assets are ₦200,000 and its current liabilities are ₦100,000, what is the value of the company's non-current assets?

Answer Options

A. ₦150,000
B. ₦200,000
C. ₦250,000
Correct Answer D. ₦300,000
Correct Answer
D
Correct Option:
₦300,000

About This Question

This is Post Utme Oau 2017 Accounting Question 34. It is one of the objective questions from the 2017 Post Utme Oau Accounting examination.

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