Post Utme Summit University 2024 Commerce Question 29

Practice objective / multiple choice question 29 from the 2024 Post Utme Summit University Commerce examination.

Post Utme Summit University 2024 Commerce Objective / Multiple Choice
Question 29 POST_UTME_SUMMIT_UNIVERSITY • 2024 • COMMERCE • objective

A company's financial statements show a net income of ₦1,000,000 and a total asset value of ₦5,000,000. What is the company's return on assets (ROA) percentage?

Answer Options

A. 20%
Correct Answer B. 25%
C. 30%
D. 35%
Correct Answer
B
Correct Option:
25%

About This Question

This is Post Utme Summit University 2024 Commerce Question 29. It is one of the objective questions from the 2024 Post Utme Summit University Commerce examination.

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