Post Utme Uniport 2020 Commerce Question 4

Practice objective / multiple choice question 4 from the 2020 Post Utme Uniport Commerce examination.

Post Utme Uniport 2020 Commerce Objective / Multiple Choice
Question 4 POST_UTME_UNIPORT • 2020 • COMMERCE • objective

A company has a liability of ₦1,000,000 and an asset of ₦500,000. What is the company's net worth?

Answer Options

Correct Answer A. ₦500,000
B. ₦1,000,000
C. ₦1,500,000
D. ₦2,000,000
Correct Answer
A
Correct Option:
₦500,000

About This Question

This is Post Utme Uniport 2020 Commerce Question 4. It is one of the objective questions from the 2020 Post Utme Uniport Commerce examination.

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