Post Utme Uniosun 2024 Commerce Question 14

Practice objective / multiple choice question 14 from the 2024 Post Utme Uniosun Commerce examination.

Post Utme Uniosun 2024 Commerce Objective / Multiple Choice
Question 14 POST_UTME_UNIOSUN • 2024 • COMMERCE • objective

A company's financial statement shows a net income of ₦1,200,000 and a total assets of ₦5,000,000. What is the return on assets (ROA)?

Answer Options

A. 24%
Correct Answer B. 30%
C. 36%
D. 42%
Correct Answer
B
Correct Option:
30%

About This Question

This is Post Utme Uniosun 2024 Commerce Question 14. It is one of the objective questions from the 2024 Post Utme Uniosun Commerce examination.

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