Post Utme Veritas University 2019 Commerce Question 4

Practice objective / multiple choice question 4 from the 2019 Post Utme Veritas University Commerce examination.

Post Utme Veritas University 2019 Commerce Objective / Multiple Choice
Question 4 POST_UTME_VERITAS_UNIVERSITY • 2019 • COMMERCE • objective

A company's financial statements show that its assets have increased by 20% and its liabilities have increased by 15%. What is the change in its equity?

Answer Options

A. 5%
Correct Answer B. 10%
C. 15%
D. 20%
Correct Answer
B
Correct Option:
10%

About This Question

This is Post Utme Veritas University 2019 Commerce Question 4. It is one of the objective questions from the 2019 Post Utme Veritas University Commerce examination.

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