Post Utme Ims U 2020 Accounting Question 39

Practice objective / multiple choice question 39 from the 2020 Post Utme Ims U Accounting examination.

Post Utme Ims U 2020 Accounting Objective / Multiple Choice
Question 39 POST_UTME_IMS_U • 2020 • ACCOUNTING • objective

A partnership has three partners, A, B, and C. The capital of A is ₦40,000, that of B is ₦30,000, and that of C is ₦20,000. The profit-sharing ratio is 4:3:2. Calculate the profit to be shared by A.

Answer Options

Correct Answer A. ₦16,000
B. ₦18,000
C. ₦20,000
D. ₦22,000
Correct Answer
A
Correct Option:
₦16,000

About This Question

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

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