Post Utme Unilag 2025 Accounting Question 23

Practice objective / multiple choice question 23 from the 2025 Post Utme Unilag Accounting examination.

Post Utme Unilag 2025 Accounting Objective / Multiple Choice
Question 23 POST_UTME_UNILAG • 2025 • ACCOUNTING • objective

A company's balance sheet as at 31st December 2024 is as follows: Assets: ₦1,500,000 Liabilities: ₦1,000,000 What is the company's debt-to-equity ratio?

Answer Options

Correct Answer A. 1.5
B. 2.0
C. 1.0
D. 3.0
Correct Answer
A
Correct Option:
1.5

About This Question

This is Post Utme Unilag 2025 Accounting Question 23. It is one of the objective questions from the 2025 Post Utme Unilag Accounting examination.

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