Post Utme Unn 2021 Accounting Question 38

Practice objective / multiple choice question 38 from the 2021 Post Utme Unn Accounting examination.

Post Utme Unn 2021 Accounting Objective / Multiple Choice
Question 38 POST_UTME_UNN • 2021 • ACCOUNTING • objective

A company's assets are ₦500,000, liabilities are ₦200,000, and equity is ₦300,000. Calculate the current ratio.

Answer Options

A. 2:1
Correct Answer B. 3:1
C. 4:1
D. 5:1
Correct Answer
B
Correct Option:
3:1

About This Question

This is Post Utme Unn 2021 Accounting Question 38. It is one of the objective questions from the 2021 Post Utme Unn Accounting examination.

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