Post Utme Uniosun 2025 Commerce Question 20

Practice objective / multiple choice question 20 from the 2025 Post Utme Uniosun Commerce examination.

Post Utme Uniosun 2025 Commerce Objective / Multiple Choice
Question 20 POST_UTME_UNIOSUN • 2025 • COMMERCE • objective

A bank's balance sheet is given by Assets = Liabilities + Equity. If the bank's assets increase by 10% and its liabilities increase by 5%, what is the new balance sheet equation?

Answer Options

A. Assets = 1.1Liabilities + 1.05Equity
Correct Answer B. Assets = 1.05Liabilities + 1.1Equity
C. Assets = 1.1Liabilities + 1.1Equity
D. Assets = 1.05Liabilities + 1.05Equity
Correct Answer
B
Correct Option:
Assets = 1.05Liabilities + 1.1Equity

About This Question

This is Post Utme Uniosun 2025 Commerce Question 20. It is one of the objective questions from the 2025 Post Utme Uniosun Commerce examination.

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