Post Utme Osustech 2017 Commerce Question 15

Practice objective / multiple choice question 15 from the 2017 Post Utme Osustech Commerce examination.

Post Utme Osustech 2017 Commerce Objective / Multiple Choice
Question 15 POST_UTME_OSUSTECH • 2017 • COMMERCE • objective

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

Answer Options

Correct Answer A. The company has a high level of liquidity
B. The company has a low level of liquidity
C. The company has a high level of debt
D. The company has a low level of debt
Correct Answer
A
Correct Option:
The company has a high level of liquidity

About This Question

This is Post Utme Osustech 2017 Commerce Question 15. It is one of the objective questions from the 2017 Post Utme Osustech Commerce examination.

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