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The profits of a firm for …

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The profits of a firm for the year ended 31st March for the last five years were as follows: 2010-20,000 , 2011-24,000, 2012-30,000, 2013-25,000, 2014-18,000.Calculate the value of goodwill on the basis of three years purchase of weighted average profits after assigning weights 1,2,3,4 and 5 respectively to the profits for 2010, 2011, 2012, 2013 and 2014. (

Posted by Sagar Dayaramani 4 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Shreyansh Jain 4 years, 10 months ago

Goodwill=69600

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