Post Utme Rhema University 2019 Accounting Question 34

Practice objective / multiple choice question 34 from the 2019 Post Utme Rhema University Accounting examination.

Post Utme Rhema University 2019 Accounting Objective / Multiple Choice
Question 34 POST_UTME_RHEMA_UNIVERSITY • 2019 • ACCOUNTING • objective

A company's financial statements show the following information: Total Assets ₦1,500,000, Total Liabilities ₦800,000, and Total Equity ₦700,000. What is the company's return on equity?

Answer Options

A. 0.10
B. 0.15
Correct Answer C. 0.20
D. 0.25
Correct Answer
C
Correct Option:
0.20

About This Question

This is Post Utme Rhema University 2019 Accounting Question 34. It is one of the objective questions from the 2019 Post Utme Rhema University Accounting examination.

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