Post Utme Mountain Top University 2024 Accounting Question 37

Practice objective / multiple choice question 37 from the 2024 Post Utme Mountain Top University Accounting examination.

Post Utme Mountain Top University 2024 Accounting Objective / Multiple Choice
Question 37 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2024 • ACCOUNTING • objective

A company has two partners: John and Jane. John has a 60% interest in the company, and Jane has a 40% interest. The company's profit is ₦100,000. What is John's share of the profit?

Answer Options

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

About This Question

This is Post Utme Mountain Top University 2024 Accounting Question 37. It is one of the objective questions from the 2024 Post Utme Mountain Top University Accounting examination.

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