Post Utme Lautech 2017 Accounting Question 31

Practice objective / multiple choice question 31 from the 2017 Post Utme Lautech Accounting examination.

Post Utme Lautech 2017 Accounting Objective / Multiple Choice
Question 31 POST_UTME_LAUTECH • 2017 • ACCOUNTING • objective

A company has two partners, A and B, who share profits in the ratio 3:2. If the total profit for the year is ₦120,000, how much will A receive?

Answer Options

A. ₦60,000
Correct Answer B. ₦80,000
C. ₦90,000
D. ₦100,000
Correct Answer
B
Correct Option:
₦80,000

About This Question

This is Post Utme Lautech 2017 Accounting Question 31. It is one of the objective questions from the 2017 Post Utme Lautech Accounting examination.

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