Question

(4) Ratio by which surviving partners are benefitted on the death of the partner.​

Answer 1

Answer:

The profit-sharing ratio which is acquired by the surviving or continuing partners on account of the death of any partner is called gain ratio or benefit ratio.

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Answer 2

Ratio by which surviving partners are benefitted from the death of the partner is called the gain ratio.

• The gaining ratio is a financial measure that aids in determining the proportion by which a firm's remaining partners will share the earnings of an existing partner in the case of his death or retirement.
• The gaining ratio is the proportion in which they split the profits.
• It's also known as the discrepancy between the old and new profit-sharing ratios.