Post Utme Unilorin 2024 Accounting Question 13

Practice objective / multiple choice question 13 from the 2024 Post Utme Unilorin Accounting examination.

Post Utme Unilorin 2024 Accounting Objective / Multiple Choice
Question 13 POST_UTME_UNILORIN • 2024 • ACCOUNTING • objective

A company's balance sheet shows a current ratio of 2:1. If the company's current assets are ₦1,500,000 and its current liabilities are ₦750,000, what is the amount of its non-current liabilities?

Answer Options

A. ₦1,000,000
B. ₦1,250,000
Correct Answer C. ₦1,500,000
D. ₦1,750,000
Correct Answer
C
Correct Option:
₦1,500,000

About This Question

This is Post Utme Unilorin 2024 Accounting Question 13. It is one of the objective questions from the 2024 Post Utme Unilorin Accounting examination.

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