Post Utme Pan Atlantic University 2020 Commerce Question 35

Practice objective / multiple choice question 35 from the 2020 Post Utme Pan Atlantic University Commerce examination.

Post Utme Pan Atlantic University 2020 Commerce Objective / Multiple Choice
Question 35 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2020 • COMMERCE • objective

A bank's liquidity ratio is calculated as the ratio of its liquid assets to its total deposits. If a bank has liquid assets worth ₦120 million and total deposits of ₦180 million, what is its liquidity ratio?

Answer Options

Correct Answer A. 0.67
B. 0.60
C. 0.75
D. 0.80
Correct Answer
A
Correct Option:
0.67

About This Question

This is Post Utme Pan Atlantic University 2020 Commerce Question 35. It is one of the objective questions from the 2020 Post Utme Pan Atlantic University Commerce examination.

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