Question

2 points
21. Calculate the value of
goodwill at three years
purchase when capital
employed is rupees 250000
average profit is rupees
30000 and normal rate of
return is 10% 2 marks *
O 25000​

Answer 1

Answer:

50,000

Explanation:

try the answer with this formula

1. g.w=super profit *100/rate

super. profit = average profit -normal profit

normal profit = capital employeed*normal rate of return/100