Post Utme Unilag 2024 Accounting Question 17

Practice objective / multiple choice question 17 from the 2024 Post Utme Unilag Accounting examination.

Post Utme Unilag 2024 Accounting Objective / Multiple Choice

Question 17 POST_UTME_UNILAG • 2024 • ACCOUNTING • objective

A company's balance sheet shows a current ratio of 2.5:1. If the current assets are ₦1,500,000, what is the value of the current liabilities?

Answer Options

Correct Answer A. ₦0,600,000

B. ₦0,800,000

C. ₦0,900,000

D. ₦1,000,000

Correct Answer

Correct Option:

₦0,600,000

About This Question

This is Post Utme Unilag 2024 Accounting Question 17. It is one of the objective questions from the 2024 Post Utme Unilag Accounting examination.

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