Post Utme Unilag 2020 Commerce Question 33

Practice objective / multiple choice question 33 from the 2020 Post Utme Unilag Commerce examination.

Post Utme Unilag 2020 Commerce Objective / Multiple Choice
Question 33 POST_UTME_UNILAG • 2020 • COMMERCE • objective

A company has a sole proprietorship business structure. The owner, John, has invested ₦100,000 in the business. The company has a profit of ₦50,000. What is John's net income?

Answer Options

A. ₦50,000
Correct Answer B. ₦75,000
C. ₦100,000
D. ₦125,000
Correct Answer
B
Correct Option:
₦75,000

About This Question

This is Post Utme Unilag 2020 Commerce Question 33. It is one of the objective questions from the 2020 Post Utme Unilag Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support