Post Utme Lasu 2024 Commerce Question 15

Practice objective / multiple choice question 15 from the 2024 Post Utme Lasu Commerce examination.

Post Utme Lasu 2024 Commerce Objective / Multiple Choice
Question 15 POST_UTME_LASU • 2024 • COMMERCE • objective

A company has a joint venture with a foreign partner to produce a new product. The company's share of the profits is 60%. If the company's revenue from the product is ₦1,000,000, what is the company's share of the profits?

Answer Options

Correct Answer A. ₦600,000
B. ₦400,000
C. ₦500,000
D. ₦700,000
Correct Answer
A
Correct Option:
₦600,000

About This Question

This is Post Utme Lasu 2024 Commerce Question 15. It is one of the objective questions from the 2024 Post Utme Lasu Commerce examination.

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