Post Utme Pan Atlantic University 2021 Accounting Question 30

Practice objective / multiple choice question 30 from the 2021 Post Utme Pan Atlantic University Accounting examination.

Post Utme Pan Atlantic University 2021 Accounting Objective / Multiple Choice
Question 30 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2021 • ACCOUNTING • objective

A company has the following balance sheet: ₦150,000,000 in assets, ₦100,000,000 in liabilities, and ₦50,000,000 in equity. What is the company's debt-to-equity ratio?

Answer Options

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

About This Question

This is Post Utme Pan Atlantic University 2021 Accounting Question 30. It is one of the objective questions from the 2021 Post Utme Pan Atlantic University Accounting examination.

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