Post Utme Osustech 2021 Accounting Question 30
Practice objective / multiple choice question 30 from the 2021 Post Utme Osustech Accounting examination.
A company's balance sheet shows the following: Cash ₦500,000, Accounts Receivable ₦1,000,000, Inventory ₦2,000,000, and Total Assets ₦3,500,000. If the company's total liabilities are ₦2,000,000 and its total equity is ₦1,500,000, what is the company's debt-to-equity ratio?
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About This Question
This is Post Utme Osustech 2021 Accounting Question 30. It is one of the objective questions from the 2021 Post Utme Osustech Accounting examination.
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