Post Utme Oau 2019 Accounting Question 26

Practice objective / multiple choice question 26 from the 2019 Post Utme Oau Accounting examination.

Post Utme Oau 2019 Accounting Objective / Multiple Choice
Question 26 POST_UTME_OAU • 2019 • ACCOUNTING • objective

A company's financial statements show the following balances: Net Income ₦200,000, Total Assets ₦1,500,000, and Total Liabilities ₦800,000. What is the company's debt-to-equity ratio?

Answer Options

A. 0.40
Correct Answer B. 0.50
C. 0.60
D. 0.70
Correct Answer
B
Correct Option:
0.50

About This Question

This is Post Utme Oau 2019 Accounting Question 26. 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