E, F, G and H are partners sharing profits in 5: 3:1:2. Calculate the new profit sharing ratio if F and G retire from the firm. Please give answer by solving it.
Answers
Answered by
5
Answer:
5:2
Explanation:
OLD RATIO = 5:3:2:1
AS F AND G RETIRED FROM THE FIRM
THE NEW PROFIT RATIO = 5:2
HOPE YOU LIKED THE SOLUTION. PLEASE MARK ME AS BRAINLIEST.
Similar questions