Post Utme Pan Atlantic University 2018 Commerce Question 14

Practice objective / multiple choice question 14 from the 2018 Post Utme Pan Atlantic University Commerce examination.

Post Utme Pan Atlantic University 2018 Commerce Objective / Multiple Choice
Question 14 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2018 • COMMERCE • objective

A company's financial statements show that it has a net worth of ₦50 million and a total liability of ₦30 million. What is the company's equity?

Answer Options

Correct Answer A. ₦20 million
B. ₦30 million
C. ₦40 million
D. ₦50 million
Correct Answer
A
Correct Option:
₦20 million

About This Question

This is Post Utme Pan Atlantic University 2018 Commerce Question 14. It is one of the objective questions from the 2018 Post Utme Pan Atlantic University Commerce examination.

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