Post Utme Lead City University 2021 Accounting Question 32

Practice objective / multiple choice question 32 from the 2021 Post Utme Lead City University Accounting examination.

Post Utme Lead City University 2021 Accounting Objective / Multiple Choice
Question 32 POST_UTME_LEAD_CITY_UNIVERSITY • 2021 • ACCOUNTING • objective

A partnership has two partners, A and B. Partner A has a capital of ₦150,000 and a share of profits of 60%. Partner B has a capital of ₦100,000 and a share of profits of 40%. What is the ratio of their capitals?

Answer Options

Correct Answer A. 2:1
B. 3:2
C. 1:2
D. 4:3
Correct Answer
A
Correct Option:
2:1

About This Question

This is Post Utme Lead City University 2021 Accounting Question 32. It is one of the objective questions from the 2021 Post Utme Lead City University Accounting examination.

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