Post Utme Al Hikmah University 2019 Accounting Question 14

Practice objective / multiple choice question 14 from the 2019 Post Utme Al Hikmah University Accounting examination.

Post Utme Al Hikmah University 2019 Accounting Objective / Multiple Choice
Question 14 POST_UTME_AL-HIKMAH_UNIVERSITY • 2019 • ACCOUNTING • objective

A partnership agreement requires that profits be shared in the ratio 2:3:4. If the total profit for the year is ₦120,000, how much will each partner receive?

Answer Options

A. ₦20,000
B. ₦30,000
Correct Answer C. ₦40,000
D. ₦50,000
Correct Answer
C
Correct Option:
₦40,000

About This Question

This is Post Utme Al Hikmah University 2019 Accounting Question 14. It is one of the objective questions from the 2019 Post Utme Al Hikmah University Accounting examination.

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