Fixed profit and loss ratios can be expressed as proportions, fractions, or percentages. For each of the
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Proportions Fractions Percentages (a) 2: (b) 6:4 (c) 3:8 (d) 4:32 (e) 1:21
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Accounting Principles Part 3
ISBN: 978-1118306802
6th Canadian edition Volume 1
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Kinnear, Joan E. Barlow
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