Retirement or D...

X, Y and Z have been sharing profits and losses in the ratio of $$3 : 2 : 1$$. Z retires. His share is taken over by X and Y in the ratio of $$2 : 1$$. The new profit sharing will be _________. 

Goodwill arises because __________.

'A' and 'B', who are partners, share profits in the ratio of $$7 : 3$$, 'C' is admitted as a new partner, 'A' surrenders $$1/7$$ of his share and 'B' surrender $$1/3$$ of his share in favour of 'C'. The new profit sharing ratio will be ___________. 

Gaining ratio is equal to ____________. 

A, B and C are three partners sharing profits and losses in the ratio of $$4 : 3 : 2$$. D is admitted for $$1/ 10$$ share. The new ratio will be __________.

Find the goodwill of the firm using capitalisation, method from the following information:
Total Capital Employed in the firm Rs.8,00,000;
Reasonable Rate of Return 15%;
Profits for the year Rs. 12,00,000.

X and Y are sharing profits in the ratio of $$3 : 1$$. Z joined the firm by taking $$1/3^{rd}$$ share. The new profit sharing ratio is ___________. 

X and Y are partners in the ratio of $$2 : 1$$. Z joins the firm for $$1/4$$ shares. The new profit sharing ratio is _________. 

X and Y are partners sharing profits in the ratio of 7 : 3. Z is admitted for 3/7 share in the profit. The new profit sharing ratio of the partners will be ______________.

An increase in the value of fixed asset is referred to as _________.