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Rodger, Dodger, and Codger Own a Business in the Ratio

Question 78

Multiple Choice

Rodger, Dodger, and Codger own a business in the ratio of 12: 7: 9. The value of the business is $560,000. If Codger sells his share to Dodger, what will be the new ownership ratio in the form Rodger: Dodger?


A) 4: 3
B) 21: 7
C) 3: 1
D) 4: 5
E) 3: 4

Correct Answer:

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