Post Utme Ims U 2024 Accounting Question 9

Practice objective / multiple choice question 9 from the 2024 Post Utme Ims U Accounting examination.

Post Utme Ims U 2024 Accounting Objective / Multiple Choice
Question 9 POST_UTME_IMS_U • 2024 • ACCOUNTING • objective

A company has a capital of ₦1,000,000, divided in the ratio 2:3:4 between partners A, B, and C respectively. If the company makes a profit of ₦200,000, calculate the amount of profit to be distributed to each partner.

Answer Options

A. ₦100,000
B. ₦150,000
Correct Answer C. ₦200,000
D. ₦250,000
Correct Answer
C
Correct Option:
₦200,000

About This Question

This is Post Utme Ims U 2024 Accounting Question 9. It is one of the objective questions from the 2024 Post Utme Ims U Accounting examination.

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