Post Utme Rsu 2020 Accounting Question 18

Practice objective / multiple choice question 18 from the 2020 Post Utme Rsu Accounting examination.

Post Utme Rsu 2020 Accounting Objective / Multiple Choice
Question 18 POST_UTME_RSU • 2020 • ACCOUNTING • objective

A company's balance sheet shows the following: Assets: ₦100,000, Liabilities: ₦50,000, Equity: ₦50,000. What is the company's current ratio?

Answer Options

Correct Answer A. 2:1
B. 1:1
C. 1:2
D. 3:1
Correct Answer
A
Correct Option:
2:1

About This Question

This is Post Utme Rsu 2020 Accounting Question 18. It is one of the objective questions from the 2020 Post Utme Rsu Accounting examination.

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