Post Utme Covenant University 2025 Accounting Question 25

Practice objective / multiple choice question 25 from the 2025 Post Utme Covenant University Accounting examination.

Post Utme Covenant University 2025 Accounting Objective / Multiple Choice
Question 25 POST_UTME_COVENANT_UNIVERSITY • 2025 • ACCOUNTING • objective

A company has two partners, A and B, who share profits in the ratio 3:2. The capital contributed by A is ₦120,000 and that by B is ₦80,000. Calculate the ratio of their capitals.

Answer Options

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

About This Question

This is Post Utme Covenant University 2025 Accounting Question 25. It is one of the objective questions from the 2025 Post Utme Covenant University Accounting examination.

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