Post Utme Christopher University 2022 Accounting Question 22

Practice objective / multiple choice question 22 from the 2022 Post Utme Christopher University Accounting examination.

Post Utme Christopher University 2022 Accounting Objective / Multiple Choice
Question 22 POST_UTME_CHRISTOPHER_UNIVERSITY • 2022 • ACCOUNTING • objective

A partnership is formed between two partners, A and B, with a capital of ₦200,000 and ₦300,000 respectively. The profit-sharing ratio is 3:2. Calculate the profit-sharing ratio in terms of percentage.

Answer Options

Correct Answer A. 60%
B. 40%
C. 50%
D. 55%
Correct Answer
A
Correct Option:
60%

About This Question

This is Post Utme Christopher University 2022 Accounting Question 22. It is one of the objective questions from the 2022 Post Utme Christopher University Accounting examination.

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