Post Utme Ui 2018 Accounting Question 19

Practice objective / multiple choice question 19 from the 2018 Post Utme Ui Accounting examination.

Post Utme Ui 2018 Accounting Objective / Multiple Choice
Question 19 POST_UTME_UI • 2018 • ACCOUNTING • objective

A company's balance sheet shows a current ratio of 2.5:1. If the company's total current assets are \\,150,000 and its total current liabilities are \\,60,000, what is the company's quick ratio?

Answer Options

A. 1.25:1
Correct Answer B. 1.50:1
C. 2.00:1
D. 2.50:1
Correct Answer
B
Correct Option:
1.50:1

About This Question

This is Post Utme Ui 2018 Accounting Question 19. It is one of the objective questions from the 2018 Post Utme Ui Accounting examination.

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