MCQOPTIONS
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| 1. |
Outgoing partner is compensated for parting with firm’s future profits in favour of remaining partners. In what ratio do the remaining partners contribute to such compensation amount? |
| A. | Gaining Ratio |
| B. | Capital Ratio. |
| C. | Sacrificing Ratio |
| D. | Profit Sharing Ratio |
| Answer» B. Capital Ratio. | |