Post Utme Greenfield University 2020 Accounting Question 39

Practice objective / multiple choice question 39 from the 2020 Post Utme Greenfield University Accounting examination.

Post Utme Greenfield University 2020 Accounting Objective / Multiple Choice
Question 39 POST_UTME_GREENFIELD_UNIVERSITY • 2020 • ACCOUNTING • objective

A company has a capital of ₦500,000, which is divided among three partners, A, B, and C, in the ratio 2:3:4. If the company makes a profit of ₦150,000, how much will each partner receive?

Answer Options

Correct Answer A. ₦30,000, ₦45,000, and ₦75,000
B. ₦40,000, ₦60,000, and ₦50,000
C. ₦50,000, ₦75,000, and ₦25,000
D. ₦60,000, ₦90,000, and ₦0
Correct Answer
A
Correct Option:
₦30,000, ₦45,000, and ₦75,000

About This Question

This is Post Utme Greenfield University 2020 Accounting Question 39. It is one of the objective questions from the 2020 Post Utme Greenfield University Accounting examination.

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