Calculating Profit Sharing Ratios in Partnership Business
Interactive Video
•
Business
•
10th Grade - University
•
Hard
Wayground Content
FREE Resource
3 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
Describe the process of calculating the new profit-sharing ratio after a partner retires.
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
How do the shares of existing partners change when a partner retires?
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3.
OPEN ENDED QUESTION
3 mins • 1 pt
What logical application is required to determine the new ratio when admitting a partner?
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