Post Utme Rhema University 2025 Commerce Question 18

Practice objective / multiple choice question 18 from the 2025 Post Utme Rhema University Commerce examination.

Post Utme Rhema University 2025 Commerce Objective / Multiple Choice
Question 18 POST_UTME_RHEMA_UNIVERSITY • 2025 • COMMERCE • objective

A company's financial statement shows a net income of ₦500,000. If the company's total assets are ₦2,000,000 and its total liabilities are ₦1,000,000, what is the company's return on equity?

Answer Options

A. 25%
Correct Answer B. 50%
C. 75%
D. 100%
Correct Answer
B
Correct Option:
50%

About This Question

This is Post Utme Rhema University 2025 Commerce Question 18. It is one of the objective questions from the 2025 Post Utme Rhema University Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support