Post Utme Lead City University 2018 Accounting Question 7

Practice objective / multiple choice question 7 from the 2018 Post Utme Lead City University Accounting examination.

Post Utme Lead City University 2018 Accounting Objective / Multiple Choice
Question 7 POST_UTME_LEAD_CITY_UNIVERSITY • 2018 • 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 partner A receive?

Answer Options

A. ₦90,000
B. ₦60,000
Correct Answer C. ₦72,000
D. ₦48,000
Correct Answer
C
Correct Option:
₦72,000

About This Question

This is Post Utme Lead City University 2018 Accounting Question 7. It is one of the objective questions from the 2018 Post Utme Lead City University Accounting examination.

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