Accountancy, asked by shabeenakhatoon9599, 7 months ago

why is secrificin ratio important

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Answered by Anonymous

13

Explanation:

It increases the profit-sharing proportion of remaining partners of the firm.The sacrifice ratio can be considered to be a financial tool that helps to ascertain the proportion of profit that existing partners of a firm has to surrender to favour a newly admitted partner.

Hope it helps uhh ❤️

Answered by krishnasinghkm

3

refer to the attachment

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