Post Utme Elizade University 2020 Accounting Question 22

Practice objective / multiple choice question 22 from the 2020 Post Utme Elizade University Accounting examination.

Post Utme Elizade University 2020 Accounting Objective / Multiple Choice
Question 22 POST_UTME_ELIZADE_UNIVERSITY • 2020 • ACCOUNTING • objective

A company has two partners, A and B, who share profits in the ratio 3:2. If the total profit for the year is ₦120,000, how much will A receive?

Answer Options

Correct Answer A. ₦90,000
B. ₦80,000
C. ₦60,000
D. ₦40,000
Correct Answer
A
Correct Option:
₦90,000

About This Question

This is Post Utme Elizade University 2020 Accounting Question 22. It is one of the objective questions from the 2020 Post Utme Elizade University Accounting examination.

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