If the old profit sharing ratio is more than the new profit sharing ratio of a partner, the difference is called ______.
A. Capital ratio
B. Sacrificing ratio
C. Gaining ratio
D. None of these
Answer:B
If the old profit sharing ratio is more than the new profit sharing ratio of a partner, the difference is called ______.
A. Capital ratio B. Sacrificing ratio C. Gaining ratio D. None of these