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What does the term "sacrificing ratio" refer to in the context of the admission of a new partner?a)Ratio of assets contributed by existing partnersb)Ratio of profits sacrificed by existing partnersc)Ratio of liabilities assumed by the new partnerd)Ratio of goodwill brought in by the new partnerCorrect answer is option 'B'. Can you explain this answer? for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about What does the term "sacrificing ratio" refer to in the context of the admission of a new partner?a)Ratio of assets contributed by existing partnersb)Ratio of profits sacrificed by existing partnersc)Ratio of liabilities assumed by the new partnerd)Ratio of goodwill brought in by the new partnerCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What does the term "sacrificing ratio" refer to in the context of the admission of a new partner?a)Ratio of assets contributed by existing partnersb)Ratio of profits sacrificed by existing partnersc)Ratio of liabilities assumed by the new partnerd)Ratio of goodwill brought in by the new partnerCorrect answer is option 'B'. Can you explain this answer?.

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