Post Utme Osustech 2024 Accounting Question 27
Practice objective / multiple choice question 27 from the 2024 Post Utme Osustech Accounting examination.
A company's balance sheet as at 31st December 2023 is as follows: Assets: \begin{itemize} \item Cash: ₦50,000 \item Debtors: ₦100,000 \item Stock: ₦200,000 \item Plant and Machinery: ₦300,000 \end{itemize} Liabilities: \begin{itemize} \item Creditors: ₦150,000 \item Loan: ₦200,000 \end{itemize} Calculate the company's liquidity ratio.
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This is Post Utme Osustech 2024 Accounting Question 27. It is one of the objective questions from the 2024 Post Utme Osustech Accounting examination.
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