caculate the value of goodwill at thrice the average of the last three years profit the profits of the last three years ware 24000. 25000 and 26000
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goodwill= average profit ×3
Average profit= (24000+25000+26000)/3
=75000/3
=25000
goodwill 25000×3
=75000
Average profit= (24000+25000+26000)/3
=75000/3
=25000
goodwill 25000×3
=75000
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