Post Utme Unilorin 2021 Commerce Question 23

Practice objective / multiple choice question 23 from the 2021 Post Utme Unilorin Commerce examination.

Post Utme Unilorin 2021 Commerce Objective / Multiple Choice
Question 23 POST_UTME_UNILORIN • 2021 • COMMERCE • objective

A bank's balance sheet shows the following assets and liabilities: Assets = ₦100m, Liabilities = ₦80m. What is the bank's equity?

Answer Options

Correct Answer A. ₦20m
B. ₦30m
C. ₦40m
D. ₦50m
Correct Answer
A
Correct Option:
₦20m

About This Question

This is Post Utme Unilorin 2021 Commerce Question 23. It is one of the objective questions from the 2021 Post Utme Unilorin Commerce 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