Post Utme Rsu 2019 Accounting Question 9

Practice objective / multiple choice question 9 from the 2019 Post Utme Rsu Accounting examination.

Post Utme Rsu 2019 Accounting Objective / Multiple Choice
Question 9 POST_UTME_RSU • 2019 • ACCOUNTING • objective

A company's balance sheet shows a current ratio of 2:1. What does this indicate?

Answer Options

Correct Answer A. The company has sufficient liquidity
B. The company has insufficient liquidity
C. The company has a high level of gearing
D. The company has a low level of gearing
Correct Answer
A
Correct Option:
The company has sufficient liquidity

About This Question

This is Post Utme Rsu 2019 Accounting Question 9. It is one of the objective questions from the 2019 Post Utme Rsu Accounting examination.

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