Post Utme Rhema University 2020 Commerce Question 1

Practice objective / multiple choice question 1 from the 2020 Post Utme Rhema University Commerce examination.

Post Utme Rhema University 2020 Commerce Objective / Multiple Choice
Question 1 POST_UTME_RHEMA_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 ₦120,000 in liquid assets and ₦180,000 in total deposits, what is its liquidity ratio?

Answer Options

Correct Answer A. 0.67
B. 0.75
C. 0.83
D. 0.90
Correct Answer
A
Correct Option:
0.67

About This Question

This is Post Utme Rhema University 2020 Commerce Question 1. It is one of the objective questions from the 2020 Post Utme Rhema University Commerce examination.

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