ation
Special Mustration :
(2) Business liabilities: * 2,00,000
(3) Expected rate of return : 10 %
(4) Firm's last five years profit are as under :
Year
Profit (5)
2012-13
90,000
2013-14
1,10,000
2014-15
1,20,000
2015-16
1,30,000
2016-17
1,40,000
From the above information, determine the value of goodwill of the firm.
Calculate the goodwill of the firm equal to five years average profit.
(2)
On the basis of 3 years purchase of average profit.
(3) On the basis of 2 years purchase of weighted average profit.
(4) On the basis of 4 years purchase of super profit (Weighted average basis).
(5) As per capitalisation profit method.
(6) As per capitalisation of super profit.
Mustration 9 : Harpal, Rajesh and Jayesh's firm's information is as under:
(?) Business assets : * 10,00,000
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