Post Utme Summit University 2025 Accounting Question 21

Practice objective / multiple choice question 21 from the 2025 Post Utme Summit University Accounting examination.

Post Utme Summit University 2025 Accounting Objective / Multiple Choice
Question 21 POST_UTME_SUMMIT_UNIVERSITY • 2025 • ACCOUNTING • objective

A company's balance sheet shows a current ratio of 2:1. If the company's total current assets are ₦500,000 and its total current liabilities are ₦200,000, what is the amount of the company's current assets that are not included in the current ratio?

Answer Options

A. ₦100,000
Correct Answer B. ₦150,000
C. ₦200,000
D. ₦250,000
Correct Answer
B
Correct Option:
₦150,000

About This Question

This is Post Utme Summit University 2025 Accounting Question 21. It is one of the objective questions from the 2025 Post Utme Summit University Accounting examination.

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