Post Utme Rsu 2022 Accounting Question 23

Practice objective / multiple choice question 23 from the 2022 Post Utme Rsu Accounting examination.

Post Utme Rsu 2022 Accounting Objective / Multiple Choice
Question 23 POST_UTME_RSU • 2022 • ACCOUNTING • objective

A company's balance sheet shows a current ratio of 2.5:1. If the company's current assets are ₦250,000 and its current liabilities are ₦100,000, what is the company's quick ratio?

Answer Options

Correct Answer A. 1.25:1
B. 1.5:1
C. 2:1
D. 2.5:1
Correct Answer
A
Correct Option:
1.25:1

About This Question

This is Post Utme Rsu 2022 Accounting Question 23. It is one of the objective questions from the 2022 Post Utme Rsu Accounting examination.

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