X,Y and Z are partners sharing in the ratio of 2:2:1. Y retires and his share is entirely taken by Z. Calculate the new ratio

Old Ratio (X,Y and Z) = 2 : 2 : 1

Y retires from the firm and his entire share is acquired by Z.

So, New Profit Sharing Ratio (X and Z) = 2 : 3

  • 4

2:0:3

  • 0

2:0:3

  • 0
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