Question

12.
A firm of partner, X Y and Z has fixed capital of 60,000, 50,000 and 40,000 respectively.
Interest on capital is allowed @ 8% p.a. The profits of last four years before interest on capital
were : 1st year 40,000 ; Ind year 30,000 IIIrd year * 60,000 ; IVth year * 50,000. Partners
have been allowed salary of 70,000 in total during the above four years.
1
coment noodwill of the firm is to be valued at 2 - years of the average net profits of the
Aanor​

Answer 1

gel91gnsName the machine which is used to measure the intensity of an Earthquake.