Post Utme Uniben 2019 Commerce Question 30

Practice objective / multiple choice question 30 from the 2019 Post Utme Uniben Commerce examination.

Post Utme Uniben 2019 Commerce Objective / Multiple Choice
Question 30 POST_UTME_UNIBEN • 2019 • COMMERCE • objective

A company's financial leverage ratio is calculated as the ratio of its total debt to its total equity. What is the financial leverage ratio for a company with total debt of ₦500,000 and total equity of ₦1,000,000?

Answer Options

A. 0.5
Correct Answer B. 0.6
C. 0.7
D. 0.8
Correct Answer
B
Correct Option:
0.6

About This Question

This is Post Utme Uniben 2019 Commerce Question 30. It is one of the objective questions from the 2019 Post Utme Uniben Commerce examination.

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