Accountancy, asked by sowmisowmiya, 4 months ago

calculate goodwill on the basis of 3 years purchase of 4 years average profit
year :2008 ,2009,2010,2011
profit :10000,16000,-6000,12
000​

Answers

Answered by naveengarwad0
0

Explanation:

average profit÷no of years

average profit = 38000-6000÷

= 10,666

good will ÷ no of purchase years

good will = 10,666×4

= 42,666

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