Post Utme Uniben 2024 Accounting Question 19
Practice objective / multiple choice question 19 from the 2024 Post Utme Uniben Accounting examination.
A company's balance sheet shows the following: | Assets | ₦ | Liabilities | ₦ | Capital | ₦ | | --- | --- | --- | --- | --- | --- | | Cash | 10,000 | Bank Loan | 20,000 | Share Capital | 30,000 | | Stock | 40,000 | Creditors | 15,000 | Profit | 25,000 | | Total | 50,000 | Total | 35,000 | Total | 65,000 | Calculate the company's gearing ratio.
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About This Question
This is Post Utme Uniben 2024 Accounting Question 19. It is one of the objective questions from the 2024 Post Utme Uniben Accounting examination.
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