Question

On the retirement of a partner , how the profit - sharing ratio of remaining partners decided ? ​

Answer 1

Answer:

for example if there 3 partners in a firm A B and C

profit sharing ratio 2:2:2

partner C has retiring the other partners has to calculate the good of the firm

that good can be divided in profit sharing ratio

we have to give the capital also

Answer 2

Profit-sharing ratio of the remaining partners is decided as per the mutual agreement among the remaining partners.