what is profit sharing ratio
Answers
Answered by
4
Answer:
The ratio in which the profits or losses of a business are shared. For a partnership, the profit-sharing ratios will be set out in the partnership agreement. This will show the amount, usually given as a percentage of the total profits, attributable to each partner.
Answered by
1
Answer:
plz mark as brainlist answers
Attachments:
Similar questions