Question

15. On the basis of following information calculate the goodwill of a firm on 3 years
purchase of super profit :
Investment of Capital in business 4,00,000.
Normal rate of return - 15%
Average Profit - 90,000
The rent of the shop is increased by 500 per month from the current year.
[Ans. Value of Goodwill * 72,000]​

Answer 1

Answer:

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