Post Utme Unilag 2022 Accounting Question 7
Practice objective / multiple choice question 7 from the 2022 Post Utme Unilag Accounting examination.
A company's balance sheet as at 31st December 20X1 is as follows: Assets: Cash £ 10,000 Debtors £ 20,000 Stock £ 30,000 Total Assets £ 60,000 Liabilities: Creditors £ 15,000 Capital £ 45,000 Total Liabilities £ 60,000 What is the company's capital turnover ratio?
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About This Question
This is Post Utme Unilag 2022 Accounting Question 7. It is one of the objective questions from the 2022 Post Utme Unilag Accounting examination.
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