Post Utme Uniben 2017 Commerce Question 20
Practice objective / multiple choice question 20 from the 2017 Post Utme Uniben Commerce examination.
A bank's balance sheet is given by Assets = ₦1,000,000, Liabilities = ₦500,000, and Equity = ₦500,000. If the bank increases its assets by 20% and its liabilities by 10%, what is the new equity?
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About This Question
This is Post Utme Uniben 2017 Commerce Question 20. It is one of the objective questions from the 2017 Post Utme Uniben Commerce examination.
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