x and y are partners in a firm sharing profits in the ratio 3 2 respectively Z joins the firm with 1/5 share in the profit . he acquires his share in profit from X and Y in the ratio 1:1 The new profit sharing ratio is?
bye guys good night all
Answers
Answered by
0
Answer:
Z is admitted as partner with 1/4 share in profit. Z acquires his share from X and Y in the ratio of 2:1 .Calculate the new profit sharing ratio.
good night
Similar questions