Question

A firm earned net profit during the last five years as follows:
Year:1 7,000, 116,500, III–78,000, 1–7,500 and 1=6,000.
The capital investment of the firm is 40,00). A fair return on capital in the market is 12%.
Find out the value of goodwill of the business if it is based on three years' purchase of average super
profits of the past five years.​

Answer 1

HEYA MATE YOUR ANSWER IS

1=6,000.

The capital investment of the firm is 40,00). A fair return on capital in the market is 12%.

Find out the value of goodwill of the business if it is based on three years

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