ACCOUNTING

JAMB 2007 - Question 24

Account 2007 JAMB Past Questions - Question 24: The federal government approved N140 m to local governments W, X, Y and Z. The amount is to be shared on the basis of 40% equality, 35% population and 25% internal revenue generation. Calculate the share of local government W on equality.

Choose the most appropriate option for the gap .
The federal government approved N140 m to local governments W, X, Y and Z. The amount is to be shared on the basis of 40% equality, 35% population and 25% internal revenue generation. Calculate the share of local government W on equality.
A:
B:
C:
D:
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Correct Answer

C

Explanation