A and B are partners in a firm in the ratio of 5:3 respectively on 1st January 2017 they admit C into the partnership for 1/4th share of profits for this purpose the Goodwill of the firm is valued at three years purchase of weighted average profits (after allowing remuneration of partners) weights are 1,2 and 3 respectively before allowing remuneration of partners the net net profit is for 2014 2015 and 2016 amounted to RS 2.00.000 and 2,30,000and 2.50.00 respectively the remuneration of partners were RS 90000 per annum find out Goodwill of the firm
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Photosynthesis is a process used by plants and other organisms to convert light energy into chemical energy that, through cellular respiration, can later be released to fuel the organism's metabolic activities.
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