Post Utme Greenfield University 2021 Accounting Question 3

Practice objective / multiple choice question 3 from the 2021 Post Utme Greenfield University Accounting examination.

Post Utme Greenfield University 2021 Accounting Objective / Multiple Choice
Question 3 POST_UTME_GREENFIELD_UNIVERSITY • 2021 • ACCOUNTING • objective

A company has two partners, A and B. A has a 60% interest in the profits and B has a 40% interest. If the profits for the year are ₠ 120,000, how much will A receive?

Answer Options

Correct Answer A. ₠ 72,000
B. ₠ 80,000
C. ₠ 90,000
D. ₠ 100,000
Correct Answer
A
Correct Option:
₠ 72,000

About This Question

This is Post Utme Greenfield University 2021 Accounting Question 3. It is one of the objective questions from the 2021 Post Utme Greenfield University Accounting examination.

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