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How will you calculate New profit sharing ratio? -

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Question

How will you calculate New profit sharing ratio?

Options

  • New Share = Old Share + acquired gaining share

  • New Share = Sacrificing share + acquired gaining share

  • New Share = Gaining share + acquired gaining ratio

  • New Share = Old Share + acquired sacrificing share

MCQ

Solution

New Share = Old Share + acquired gaining share

shaalaa.com
Change in Profit Sharing Ratio Among the Existing Partners
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