Post Utme Redeemers University 2021 Commerce Question 33

Practice objective / multiple choice question 33 from the 2021 Post Utme Redeemers University Commerce examination.

Post Utme Redeemers University 2021 Commerce Objective / Multiple Choice
Question 33 POST_UTME_REDEEMERS_UNIVERSITY • 2021 • COMMERCE • objective

A company's balance sheet is given by Assets = ₦100,000, Liabilities = ₦50,000, and Equity = ₦50,000. What is the company's current ratio?

Answer Options

A. 2
Correct Answer B. 1
C. 0.5
D. 0.25
Correct Answer
B
Correct Option:
1

About This Question

This is Post Utme Redeemers University 2021 Commerce Question 33. It is one of the objective questions from the 2021 Post Utme Redeemers University Commerce examination.

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