Post Utme Pan Atlantic University 2017 Accounting Question 19

Practice objective / multiple choice question 19 from the 2017 Post Utme Pan Atlantic University Accounting examination.

Post Utme Pan Atlantic University 2017 Accounting Objective / Multiple Choice

Question 19 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2017 • ACCOUNTING • objective

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

Answer Options

Correct Answer A. Good liquidity position

B. Poor liquidity position

C. High level of gearing

D. Low level of gearing

Correct Answer

Correct Option:

Good liquidity position

About This Question

This is Post Utme Pan Atlantic University 2017 Accounting Question 19. It is one of the objective questions from the 2017 Post Utme Pan Atlantic University Accounting examination.

View More Post Utme Pan Atlantic University 2017 Accounting Questions More Post Utme Pan Atlantic University Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows

Chat with Support