What is sacrificing ratio and why it is calculated
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Explanation:
Sacrificing ratio refers to theratio in which the old partners surrender their share of profit in favour of new partner/s.It is calculated by the difference between old ratio and newratio of the old partner/s. Sacrificing ratio = Old ratio – new ratio.
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Answer:
heya ❤️
Explanation:
Sacrificing ratio is the ratio where the old partners give their consent to forego their share of gains into the new partner. The forego (sacrifice) by a partner is equivalent to: Old Share of Profit – New Share of Profit. Sacrificing ratio is computed during the time of addition or admission of a new associate partner ...
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