FIN611 GDB idea solution spring 30 May 2011
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FIN611 GDB idea solution spring 30 May 2011
by Vuhelper Sun May 29, 2011 7:13 pm
FIN611
Mr. A and Mr. B are partners sharing the profits in the ratio of 2 & 3. Mr. C is admitted into the partnership with 1/5th share of future profits. Calculate the new profit sharing ratio and the sacrifice ratio.
Mr. A and Mr. B are partners sharing the profits in the ratio of 2 & 3. Mr. C is admitted into the partnership with 1/5th share of future profits. Calculate the new profit sharing ratio and the sacrifice ratio.
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Join date : 2011-05-29
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