Business partnership multiple choice questions (MCQs), business partnership quiz answers to learn secondary school math online courses. Business mathematics MCQs, business partnership quiz questions and answers for online secondary education degree. Profit and loss, business partnership test prep for secondary school teaching certification.

Learn math MCQs: sara and ali earned a profit of \$500, 000 from a business and their ratio of investment was 5 8 respectively. profit of each should be, with choices \$200,000 and \$300,000, \$150,000 and \$350,000, \$450,000 and \$50,000, and \$192,308 and \$307,692 for online secondary education degree. Free math student portal for online learning business partnership quiz questions, MCQs to find questions answers based online learning tests.

MCQ: Sara and Ali earned a profit of \$500, 000 from a business and their ratio of investment was 5 : 8 respectively. profit of each should be

1. \$200,000 and \$300,000
2. \$150,000 and \$350,000
3. \$450,000 and \$50,000
4. \$192,308 and \$307,692

D

MCQ: An association of 2 or more persons to carry on a business for purpose of earning profit is known as

1. partnership
2. legal entity
3. insurance
4. none of above

D

MCQ: If capital of partners are invested for same length of time, partnership is said to be

1. joint venture
2. simple partnership
3. Complex partnership
4. none of above

B

MCQ: John and Peter purchased Computer with an investment of \$16, 000 and \$20, 000 respectively. They earned a profit of \$5000. share of each should be

1. \$2,222 and \$2,778
2. \$2,000 and \$3,000
3. \$1,800 and \$3,200
4. \$2,500 and \$2,500

A

MCQ: If capital of partners are invested for different length of times, whether equal or unequal, partnership is said to be

1. joint venture
2. simple partnership
3. Complex partnership
4. none of above

C