por Matrimonios en Comunidad | Jun 6, 2023 | Forex Trading
The gain ratio is the ratio in which the remaining partners of a partnership firm acquire the share of profit belonging to the retiring or deceased partner. It is calculated by comparing the partners’ new profit-sharing ratio with their old ratio. This ratio is...
por Matrimonios en Comunidad | Jun 5, 2023 | Forex Trading
There is a change in the profit sharing ratio because the new partner’s share in future profit and loss is given from the existing or old partners’ share in profit and loss of the firm. A new partner enters the firm when there is a need for additional capital or to...
