Question

A and B are parner in firm. The capital employed of the firm is ₹5, 00,000 and normal rate of return is 10/ per annum. Annual salary of each partner is₹8, 000 . The average profit was ₹8, 00,000 for last 10 years . Calculate the value of goodwill by super profit capitalisation method.

Answer 1

Answer:

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