Post Utme Unilorin 2022 Accounting Question 15

Practice objective / multiple choice question 15 from the 2022 Post Utme Unilorin Accounting examination.

Post Utme Unilorin 2022 Accounting Objective / Multiple Choice
Question 15 POST_UTME_UNILORIN • 2022 • ACCOUNTING • objective

A company's balance sheet shows the following: | Asset | Liability | Equity | | --- | --- | --- | | 1,000,000 | 500,000 | 500,000 | What is the company's liquidity ratio?

Answer Options

Correct Answer A. 1:1
B. 2:1
C. 3:1
D. 4:1
Correct Answer
A
Correct Option:
1:1

About This Question

This is Post Utme Unilorin 2022 Accounting Question 15. It is one of the objective questions from the 2022 Post Utme Unilorin Accounting examination.

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