Post Utme Rhema University 2019 Accounting Question 3

Practice objective / multiple choice question 3 from the 2019 Post Utme Rhema University Accounting examination.

Post Utme Rhema University 2019 Accounting Objective / Multiple Choice
Question 3 POST_UTME_RHEMA_UNIVERSITY • 2019 • ACCOUNTING • objective

A company has two partners: John and Jane. John has a 60% interest in the company and Jane has a 40% interest. If the company makes a profit of ₦100,000, how much will John receive?

Answer Options

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

About This Question

This is Post Utme Rhema University 2019 Accounting Question 3. It is one of the objective questions from the 2019 Post Utme Rhema University Accounting examination.

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