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The ratio which is computed to determine the sacrifice of the old partners made in favour of new partner which is admitted into partnership is ______. -

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Question

The ratio which is computed to determine the sacrifice of the old partners made in favour of new partner which is admitted into partnership is ______.

Options

  • Gaining Ratio

  • Old Profit Sharing Ratio

  • New Profit Sharing Ratio

  • Sacrificing Ratio

MCQ
Fill in the Blanks

Solution

The ratio which is computed to determine the sacrifice of the old partners made in favour of new partner which is admitted into partnership is Sacrificing Ratio.

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Change in Profit Sharing Ratio Among the Existing Partners
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