Post Utme Abu 2023 Accounting Question 6

Practice objective / multiple choice question 6 from the 2023 Post Utme Abu Accounting examination.

Post Utme Abu 2023 Accounting Objective / Multiple Choice
Question 6 POST_UTME_ABU • 2023 • ACCOUNTING • objective

A company has a capital of ₦500,000, divided equally among three partners, A, B, and C. The profit-sharing ratio is 2:3:4. If the company made a profit of ₦150,000, how much will each partner receive?

Answer Options

A. ₦30,000
B. ₦45,000
Correct Answer C. ₦60,000
D. ₦75,000
Correct Answer
C
Correct Option:
₦60,000

About This Question

This is Post Utme Abu 2023 Accounting Question 6. It is one of the objective questions from the 2023 Post Utme Abu Accounting examination.

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