Question

X and Y are partners sharing profits in the ratio of 3 : 2. They admitted Z for 1/4 th share which he gets in 1 : 2 ratio from X and Y. Calculate new profit sharing ratio.
[Ans. 31:14:15]
​

Answer 1

Here is ur Answer ⤵️

Key Takeaways. Asset valuation is the process of determining the fair market value of an asset. Asset valuation often consists of both subjective and objective measurements. Net asset value is the book value of tangible assets, less intangible assets and liabilities.

Hope it helps you ✔