Post Utme Ui 2018 Accounting Question 35

Practice objective / multiple choice question 35 from the 2018 Post Utme Ui Accounting examination.

Post Utme Ui 2018 Accounting Objective / Multiple Choice
Question 35 POST_UTME_UI • 2018 • ACCOUNTING • objective

A company has the following balance sheet: Assets: ₦100,000, Liabilities: ₦50,000, Equity: ₦50,000. What is the correct ratio of debt to equity?

Answer Options

A. 1:1
Correct Answer B. 1:2
C. 2:1
D. 3:1
Correct Answer
B
Correct Option:
1:2

About This Question

This is Post Utme Ui 2018 Accounting Question 35. It is one of the objective questions from the 2018 Post Utme Ui Accounting examination.

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