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Gupta and bose had a firm …

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Gupta and bose had a firm in which they invested 50000 rup on avereg the profites were 16000 the normal rate of return in the industry 15%goodwill is to valued at four years purchase of profit @15%on the invested value of good will

Posted by Pooja Surewanshi 6 years, 7 months ago

CBSE > Class 12 > Accountancy

1 answers

Diwanshi Nimje 6 years, 7 months ago

50000 is the capital employeed u can find normal profit from capital employeed and nrr then subtract the amount from average profit u will get super profit then multiply super profit with no of years purchase

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