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Why new profit ratio is determine even for old partners?
  • a)
    No change in agreement
  • b)
    Change in the agreement among all partners
  • c)
    Ratio keeps on changing in every six month
  • d)
    Due to change in external environment
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Why new profit ratio is determine even for old partners?a)No change in...
New profit sharing ratio will be calculated for all the partners because of change in profit sharing ratio agreement among the partners.
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Why new profit ratio is determine even for old partners?a)No change in agreementb)Change in the agreement among all partnersc)Ratio keeps on changing in every six monthd)Due to change in external environmentCorrect answer is option 'B'. Can you explain this answer?
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