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Question
Answer in one sentence only.
When is the gaining ratio to be calculated?
Solution
Gaining ratio needs to be calculated at the time of retirement or death of a partner for adjusting the retiring (or deceased) partner’s share of goodwill.
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RELATED QUESTIONS
When is gain ratio required to be calculated ?
The proportion in which the continuing partners are benefitted due to retirement of a partner.
How is gain ratio calculated?
Answer in one sentence only.
What is gaining ratio?
State whether the following statements is true or false :
Gaining ratio means old ratio minus new ratio.
Answer in one Sentence :
What is gaining ratio or benefit ratio?
Answer in one Sentence :
How is gaining ratio calculated?
Answer in one Sentence :
When is gaining ratio required to be calculated?
Select the most appropriate answer from the alternatives given below :
Gaining ratio is calculated on ___________.
