Post Utme Mountain Top University 2024 Accounting Question 21
Practice objective / multiple choice question 21 from the 2024 Post Utme Mountain Top University Accounting examination.
A company has two partners, A and B, who share profits in the ratio 3:2. The capital of the company is divided in the ratio 5:3. If the total profit for the year is ₦120,000 and the total capital is ₦300,000, calculate the amount of profit that partner A will receive.
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About This Question
This is Post Utme Mountain Top University 2024 Accounting Question 21. It is one of the objective questions from the 2024 Post Utme Mountain Top University Accounting examination.
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