Post Utme Unn 2024 Commerce Question 7

Practice objective / multiple choice question 7 from the 2024 Post Utme Unn Commerce examination.

Post Utme Unn 2024 Commerce Objective / Multiple Choice
Question 7 POST_UTME_UNN • 2024 • COMMERCE • objective

A company's articles of association specify that the company's profits will be distributed among its shareholders in the ratio 2:3:5. If the total profit is ₦120,000, how much will each shareholder receive?

Answer Options

A. ₦4,000
Correct Answer B. ₦6,000
C. ₦8,000
D. ₦10,000
Correct Answer
B
Correct Option:
₦6,000

About This Question

This is Post Utme Unn 2024 Commerce Question 7. It is one of the objective questions from the 2024 Post Utme Unn 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