Post Utme Oau 2019 Accounting Question 27

Practice objective / multiple choice question 27 from the 2019 Post Utme Oau Accounting examination.

Post Utme Oau 2019 Accounting Objective / Multiple Choice
Question 27 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 current ratio?

Answer Options

A. 1.50
B. 1.75
Correct Answer C. 2.00
D. 2.25
Correct Answer
C
Correct Option:
2.00

About This Question

This is Post Utme Oau 2019 Accounting Question 27. It is one of the objective questions from the 2019 Post Utme Oau Accounting examination.

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