Post Utme Uniben 2021 Accounting Question 31

Practice objective / multiple choice question 31 from the 2021 Post Utme Uniben Accounting examination.

Post Utme Uniben 2021 Accounting Objective / Multiple Choice
Question 31 POST_UTME_UNIBEN • 2021 • ACCOUNTING • objective

A company has two departments: Manufacturing and Sales. The Manufacturing department has a net income of ₦120,000 and a total asset value of ₦500,000. The Sales department has a net income of ₦80,000 and a total asset value of ₦300,000. What is the total net income of the company?

Answer Options

A. ₦200,000
B. ₦220,000
Correct Answer C. ₦240,000
D. ₦260,000
Correct Answer
C
Correct Option:
₦240,000

About This Question

This is Post Utme Uniben 2021 Accounting Question 31. It is one of the objective questions from the 2021 Post Utme Uniben Accounting examination.

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