Post Utme Uniben 2019 Accounting Question 39

Practice objective / multiple choice question 39 from the 2019 Post Utme Uniben Accounting examination.

Post Utme Uniben 2019 Accounting Objective / Multiple Choice
Question 39 POST_UTME_UNIBEN • 2019 • ACCOUNTING • objective

A company's balance sheet shows a total assets of ₦500,000 and a total equity of ₦300,000. What is the company's gearing ratio?

Answer Options

A. 1:1
Correct Answer B. 2:1
C. 3:1
D. 4:1
Correct Answer
B
Correct Option:
2:1

About This Question

This is Post Utme Uniben 2019 Accounting Question 39. It is one of the objective questions from the 2019 Post Utme Uniben Accounting examination.

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