Post Utme Uniport 2020 Commerce Question 16

Practice objective / multiple choice question 16 from the 2020 Post Utme Uniport Commerce examination.

Post Utme Uniport 2020 Commerce Objective / Multiple Choice
Question 16 POST_UTME_UNIPORT • 2020 • COMMERCE • objective

A company's assets are valued at ₦1.2 billion, liabilities are ₦800 million, and equity is ₦400 million. What is the company's debt-to-equity ratio?

Answer Options

A. 1.5
Correct Answer B. 2.0
C. 2.5
D. 3.0
Correct Answer
B
Correct Option:
2.0

About This Question

This is Post Utme Uniport 2020 Commerce Question 16. It is one of the objective questions from the 2020 Post Utme Uniport Commerce examination.

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