Post Utme Oau 2019 Accounting Question 25

Practice objective / multiple choice question 25 from the 2019 Post Utme Oau Accounting examination.

Post Utme Oau 2019 Accounting Objective / Multiple Choice
Question 25 POST_UTME_OAU • 2019 • ACCOUNTING • objective

A company's financial statements show the following balances: Total Assets ₦1,500,000, Total Liabilities ₦800,000, and Total Equity ₦700,000. What is the company's return on equity?

Answer Options

A. 0.20
B. 0.25
Correct Answer C. 0.30
D. 0.35
Correct Answer
C
Correct Option:
0.30

About This Question

This is Post Utme Oau 2019 Accounting Question 25. It is one of the objective questions from the 2019 Post Utme Oau Accounting 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