Accountancy, asked by user0690, 5 hours ago

old ratio 3:2:1
new ratio 1:1:1
calculate individual partner's gain or sacrifice due to change in profit-sharing ratio.

Answers

Answered by dimpisonwani384

0

Answer:

Old Ratio (A and B) = 1 : 1

New Ratio (A and B) = 4 : 3

Sacrificing (or Gaining) Ratio = Old Ratio − New Ratio

∴ A’s Gain = 1/14

B’s Sacrifice = 1/14

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