Post Utme Unilag 2020 Accounting Question 44

Practice objective / multiple choice question 44 from the 2020 Post Utme Unilag Accounting examination.

Post Utme Unilag 2020 Accounting Objective / Multiple Choice
Question 44 POST_UTME_UNILAG • 2020 • ACCOUNTING • objective

A company's financial statements show that its net income is ₦100,000 and its total assets are ₦500,000. What is the company's return on assets (ROA)?

Answer Options

A. 20%
Correct Answer B. 25%
C. 30%
D. 35%
Correct Answer
B
Correct Option:
25%

About This Question

This is Post Utme Unilag 2020 Accounting Question 44. It is one of the objective questions from the 2020 Post Utme Unilag Accounting examination.

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