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A firm earned net profits during …

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A firm earned net profits during the last three years as: Year 2011-13 2013-14 2014-15 Profit(Rs) 36,000 40,000 44,000 The capital investment of the firm is Rs. 1,20,000. A fair retum on the capital having regard to the risk involved is 10%. Calculate the value of goodwill on the basis of three years purchase of the super profit for the last three years. [5

Posted by Rashpal Dhillon 2 years, 3 months ago

CBSE > Class 12 > Accountancy

1 answers

Samyak Bhatia 2 years, 2 months ago

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