Post Utme Summit University 2017 Commerce Question 35
Practice objective / multiple choice question 35 from the 2017 Post Utme Summit University Commerce examination.
A bank's balance sheet shows a cash balance of ₦500,000, a loan portfolio of ₦2,000,000, and a deposit account of ₦3,000,000. Calculate the bank's liquidity ratio, assuming a cash reserve requirement of 10%.
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About This Question
This is Post Utme Summit University 2017 Commerce Question 35. It is one of the objective questions from the 2017 Post Utme Summit University Commerce examination.
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