Question

What is gain ratio or benefit ratio? (Answer in one sentence)

Answer 1

PROFIT SHARING RATIO WHICH IS ACQUIRED BY THE SURVIVING OR CONTINUING PARTNER ON ACCOUNT OF DEATH OF ANY PARTNER IS CALLED.....

Answer 2

Answer:

As per the question

Gain ratio or benefit ratio

* Gain ratio or benefit ratio a modification of the information gain that reduces its bias on high - branch attributes

* Gain ratio = New ratio + Old ratio

* New ratio = Old ratio + Gain  

* Gain ratio = retiring Partner' s shares × Acquisition ratio

* New ratio = Old ratio + Gain ratio

* When a partner retries, the remaining partners gain in terms of the  profit sharing ratio. This gain is called as gain ratio