the formula of calculation of gaining ratio is
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Answer:
gaining ratio=new ratio-old ratio
Explanation:
Gain ratio=when a partner retires, the remaining partners gain in terms of the profit sharing ratio. This gain is called the gain ratio.
formulas used in gaining ratio
Gaining ratio=new ratio-old ratio
New ratio=old ratio+gain
Gaining ratio=retiring partners shareshare×acquisition ratio
New ratio=old ratio+gaining ratio
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