Post Utme Unn 2024 Accounting Question 13

Practice objective / multiple choice question 13 from the 2024 Post Utme Unn Accounting examination.

Post Utme Unn 2024 Accounting Objective / Multiple Choice
Question 13 POST_UTME_UNN • 2024 • ACCOUNTING • objective

A company has the following balance sheet: Assets ₦500,000, Liabilities ₦200,000, and Equity ₦300,000. What is the return on equity?

Answer Options

A. 0.6
B. 0.7
Correct Answer C. 0.8
D. 0.9
Correct Answer
C
Correct Option:
0.8

About This Question

This is Post Utme Unn 2024 Accounting Question 13. It is one of the objective questions from the 2024 Post Utme Unn Accounting examination.

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