Post Utme Oau 2023 Accounting Question 4

Practice objective / multiple choice question 4 from the 2023 Post Utme Oau Accounting examination.

Post Utme Oau 2023 Accounting Objective / Multiple Choice
Question 4 POST_UTME_OAU • 2023 • ACCOUNTING • objective

A company's balance sheet shows a current ratio of 2:1. What does this indicate?

Answer Options

Correct Answer A. The company is liquid
B. The company is insolvent
C. The company has a high level of debt
D. The company has a low level of assets
Correct Answer
A
Correct Option:
The company is liquid

About This Question

This is Post Utme Oau 2023 Accounting Question 4. It is one of the objective questions from the 2023 Post Utme Oau Accounting examination.

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