Post Utme Bells University 2021 Commerce Question 18

Practice objective / multiple choice question 18 from the 2021 Post Utme Bells University Commerce examination.

Post Utme Bells University 2021 Commerce Objective / Multiple Choice
Question 18 POST_UTME_BELLS_UNIVERSITY • 2021 • COMMERCE • objective

A company has a sole proprietorship business structure. The owner, John, has a 50% stake in the business. If the business generates a profit of ₦1.2 million, how much will John receive as his share of the profit?

Answer Options

Correct Answer A. ₦600,000
B. ₦800,000
C. ₦1.2 million
D. ₦1.5 million
Correct Answer
A
Correct Option:
₦600,000

About This Question

This is Post Utme Bells University 2021 Commerce Question 18. It is one of the objective questions from the 2021 Post Utme Bells University Commerce examination.

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