Post Utme Futa 2019 Accounting Question 35

Practice objective / multiple choice question 35 from the 2019 Post Utme Futa Accounting examination.

Post Utme Futa 2019 Accounting Objective / Multiple Choice
Question 35 POST_UTME_FUTA • 2019 • ACCOUNTING • objective

A partnership of three partners has a capital of ₦1,500,000. The ratio of their capitals is 2:3:4. If the profits are shared in the ratio of 5:3:2, what is the share of the partner with a capital of ₦600,000?

Answer Options

A. ₦150,000
Correct Answer B. ₦225,000
C. ₦300,000
D. ₦375,000
Correct Answer
B
Correct Option:
₦225,000

About This Question

This is Post Utme Futa 2019 Accounting Question 35. It is one of the objective questions from the 2019 Post Utme Futa Accounting examination.

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