Question

from the following balance sheet of softlook co ltd. as at 31st march 2010. find goodwill. good should be valued at 5 yrs purchase of super profits. avg profit is 75000 fof Last 3 yrs. fair return on capital emp is 10%
PLZ ANSWER ASAP:)

Answer 1

Answer:

... 5 yrs purchase of super profits. avg profit is 75000 fof Last 3 yrs. fair return ... Normal rate of return on capital employed is 10 %.