Post Utme Nile University 2017 Accounting Question 2

Practice objective / multiple choice question 2 from the 2017 Post Utme Nile University Accounting examination.

Post Utme Nile University 2017 Accounting Objective / Multiple Choice
Question 2 POST_UTME_NILE_UNIVERSITY • 2017 • ACCOUNTING • objective

A company has two partners, A and B. Partner A invests ₦100,000 and partner B invests ₦50,000. The profit-sharing ratio is 3:2. If the company makes a profit of ₦120,000, how much will partner A receive?

Answer Options

Correct Answer A. ₦90,000
B. ₦60,000
C. ₦80,000
D. ₦70,000
Correct Answer
A
Correct Option:
₦90,000

About This Question

This is Post Utme Nile University 2017 Accounting Question 2. It is one of the objective questions from the 2017 Post Utme Nile University Accounting examination.

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