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

question 265

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

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