Post Utme Ui 2018 Accounting Question 12

Practice objective / multiple choice question 12 from the 2018 Post Utme Ui Accounting examination.

Post Utme Ui 2018 Accounting Objective / Multiple Choice
Question 12 POST_UTME_UI • 2018 • ACCOUNTING • objective

A company has two partners, A and B, who share profits in the ratio 3:2. If the total profit for the year is ₦240,000, how much will each partner receive?

Answer Options

A. ₦180,000
Correct Answer B. ₦120,000
C. ₦100,000
D. ₦80,000
Correct Answer
B
Correct Option:
₦120,000

About This Question

This is Post Utme Ui 2018 Accounting Question 12. It is one of the objective questions from the 2018 Post Utme Ui Accounting examination.

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