Post Utme Unilag 2021 Commerce Question 15

Practice objective / multiple choice question 15 from the 2021 Post Utme Unilag Commerce examination.

Post Utme Unilag 2021 Commerce Objective / Multiple Choice
Question 15 POST_UTME_UNILAG • 2021 • COMMERCE • objective

A firm's debt-to-equity ratio is calculated as the total liabilities divided by the equity. If the total liabilities are ₦1,500,000 and the equity is ₦1,000,000, what is the debt-to-equity ratio?

Answer Options

Correct Answer A. 1.5
B. 2
C. 2.5
D. 3
Correct Answer
A
Correct Option:
1.5

About This Question

This is Post Utme Unilag 2021 Commerce Question 15. It is one of the objective questions from the 2021 Post Utme Unilag Commerce examination.

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