Question

14. A firm had total assets of 2,00,000 (including cash) and total capital of 1,20,000 (including General Reserve).
If the normal rate of return is 12% p.a. and the goodwill of the firm is valued at 22.000 at 5 year's purchase of
super profit. Find the average profit of the firm.
Ans. 18,8001​

Answer 1

Answer:

If the normal rate of return is 12% p.a. and the goodwill of the firm is valued at 22.000 at 5 year's purchase of super profit. Find the average profit of the firm. Ans. 18,8001.

Answer 2

Explanation:

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