JAMB Accounting Past Questions & Answers - Page 88

436.

Which of the following is true of Uju Nig.Ltd?

A.

It is a highly geared company

B.

It has no liquidity problem in the short term

C.

It is adequately secured in fixed assets

D.

It's working capital is zero

Correct answer is D

No explanation has been provided for this answer.

437.

The debit ratio is approximately

A.

43%

B.

42%

C.

41%

D.

23%

Correct answer is D

No explanation has been provided for this answer.