Finance & Accounting
The advantages of a flexible profit-sharing ratio
In a partnership, profits and losses are shared between the partners in accordance with the profit sharing ratio. This may be fixed, for example, three
In a partnership, profits and losses are shared between the partners in accordance with the profit sharing ratio. This may be fixed, for example, three
Personal allowances may be lost It should be noted that the loss carried back cannot beIt is not uncommon to realize a loss in the early
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