Post Utme Wellspring University 2024 Commerce Question 30

Practice objective / multiple choice question 30 from the 2024 Post Utme Wellspring University Commerce examination.

Post Utme Wellspring University 2024 Commerce Objective / Multiple Choice
Question 30 POST_UTME_WELLSPRING_UNIVERSITY • 2024 • COMMERCE • objective

A bank's financial statements show a significant increase in its current assets, but a decrease in its current liabilities. Which of the following financial ratios would be most useful in assessing the bank's liquidity position?

Answer Options

A. Current ratio
Correct Answer B. Quick ratio
C. Debt-to-equity ratio
D. Return on investment ratio
Correct Answer
B
Correct Option:
Quick ratio

About This Question

This is Post Utme Wellspring University 2024 Commerce Question 30. It is one of the objective questions from the 2024 Post Utme Wellspring University Commerce examination.

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