Post Utme Uniben 2019 Commerce Question 10

Practice objective / multiple choice question 10 from the 2019 Post Utme Uniben Commerce examination.

Post Utme Uniben 2019 Commerce Objective / Multiple Choice
Question 10 POST_UTME_UNIBEN • 2019 • COMMERCE • objective

A bank's liquidity ratio is a measure of its ability to meet its short-term obligations. If a bank's current assets are ₦1.5 billion and its current liabilities are ₦1.2 billion, what is its liquidity ratio?

Answer Options

A. 1.25
Correct Answer B. 1.50
C. 1.75
D. 2.00
Correct Answer
B
Correct Option:
1.50

About This Question

This is Post Utme Uniben 2019 Commerce Question 10. It is one of the objective questions from the 2019 Post Utme Uniben Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support