Post Utme Pan Atlantic University 2017 Accounting Question 14

Practice objective / multiple choice question 14 from the 2017 Post Utme Pan Atlantic University Accounting examination.

Post Utme Pan Atlantic University 2017 Accounting Objective / Multiple Choice
Question 14 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2017 • ACCOUNTING • objective

A company's balance sheet as at 31st December 2017 is as follows: Assets: ₦10,000,000 Liabilities: ₦5,000,000 Capital: ₦3,000,000 Calculate the current ratio.

Answer Options

A. 2:1
Correct Answer B. 3:1
C. 4:1
D. 5:1
Correct Answer
B
Correct Option:
3:1

About This Question

This is Post Utme Pan Atlantic University 2017 Accounting Question 14. It is one of the objective questions from the 2017 Post Utme Pan Atlantic University Accounting examination.

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