Use the information below to answer this qu..

Question 1 Report

Use the information below to answer this question.Buhari and Osinbajo are in partnership with the following partnership agreement

Buhari OsinbajoCapital 40, 000 70, 000 Salary 10, 000 15, 000 Interest on capital 5% 5% Profit/loss sharing ratio 40 60

The net profit for the year ended is ₦80,000."Drawings are ₦80, 000 and ₦12, 000 for Buhari and Osinbajo respectively"

What is Osinbajo share of profit?

₦19, 800

₦49, 500

₦48, 000

₦29, 700

Use the information below to answer this question.Buhari and Osinbajo are in partnership with the following partnership agreement Buhari OsinbajoCapital 40,...