how to find profit sharing ratio.
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Answer!!!
When the new partner purchases his share of profit from the old partners equally : In such cases, the new profit sharing ratio of the old partners can be calculated by deducting the sacrifice made by them from their existing share of profit.
BTS ARMY!!!
When the new partner purchases his share of profit from the old partners equally : In such cases, the new profit sharing ratio of the old partners can be calculated by deducting the sacrifice made by them from their existing share of profit.
BTS ARMY!!!
Answered by
1
Answer:
when the new partner purchases his share of profit from the old partners equally. In such cases the new profit sharing ratio of the old partners can be calculated by deducting the sacrifice made by them from existing share of profit
Explanation:
hope it helps u
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