Post Utme Unilag 2020 Accounting Question 49

Practice objective / multiple choice question 49 from the 2020 Post Utme Unilag Accounting examination.

Post Utme Unilag 2020 Accounting Objective / Multiple Choice
Question 49 POST_UTME_UNILAG • 2020 • ACCOUNTING • objective

A company's financial statements show that its net income is ₦350,000 and its total liabilities are ₦500,000. What is the company's equity multiplier?

Answer Options

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

About This Question

This is Post Utme Unilag 2020 Accounting Question 49. It is one of the objective questions from the 2020 Post Utme Unilag Accounting 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