What is gaining ratio or benefit ratio?

1.	What is gaining ratio or benefit ratio?
Answer» Gaining ratio is the ratio in which the continuing partners acquire the deceased partner’s share. It is calculated on the eve of retirement or death of a partner for adjusting the retiring or deceased partner’s share of goodwill. The formula for calculation of gaining ratio is as follows: Gaining Ratio = New Ratio – Old Ratio

Answer»

Gaining ratio is the ratio in which the continuing partners acquire the deceased partner’s share. It is calculated on the eve of retirement or death of a partner for adjusting the retiring or deceased partner’s share of goodwill. The formula for calculation of gaining ratio is as follows:

Gaining Ratio = New Ratio – Old Ratio

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What is gaining ratio or benefit ratio?

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