Post Utme Osustech 2025 Accounting Question 24
Practice objective / multiple choice question 24 from the 2025 Post Utme Osustech Accounting examination.
A company's balance sheet shows a current ratio of 2:1. The company's current assets consist of ₦100,000 in cash, ₦150,000 in accounts receivable, and ₦200,000 in inventory. The company's current liabilities consist of ₦50,000 in accounts payable and ₦75,000 in short-term loans. What is the company's total current assets?
Answer Options
About This Question
This is Post Utme Osustech 2025 Accounting Question 24. It is one of the objective questions from the 2025 Post Utme Osustech Accounting examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.