Question

the revenue of 2018 was 3/2 times of that of 2017 and the revenue of 2019 was 4/3 times of revenue of 2018. what is the combined proportion incurred on expenses for the 3 years

Answer 1

Answer:

31-Mar-2020 — At the time of formation of partnership firm, a document is ... sharing profit and losses in the ratio 3 : 2 respectively. On 1st ... 2018)( Accounting ... 8) Proportion in which partners share profits.