Post Utme Covenant University 2024 Accounting Question 22

Practice objective / multiple choice question 22 from the 2024 Post Utme Covenant University Accounting examination.

Post Utme Covenant University 2024 Accounting Objective / Multiple Choice
Question 22 POST_UTME_COVENANT_UNIVERSITY • 2024 • ACCOUNTING • objective

A company has two partners, A and B. The capital accounts of A and B are ₦100,000 and ₦80,000 respectively. The profit-sharing ratio is 3:2. What is the ratio of the dividends to be received by A and B?

Answer Options

Correct Answer A. 3:2
B. 5:3
C. 4:3
D. 6:4
Correct Answer
A
Correct Option:
3:2

About This Question

This is Post Utme Covenant University 2024 Accounting Question 22. It is one of the objective questions from the 2024 Post Utme Covenant University Accounting examination.

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