Question

(i.e.,
The net profits of a company after providing for taxation for the past five years are
Rs. 40,000; Rs. 42,000; Rs. 45,000; Rs. 46,000 and Rs. 47,000.
The capital employed in the business is Rs. 4,00,000 on which a reasonable rate of
return of 10% is expected.
Calculate the value of goodwill of the business.
[Madras, B.A. Corp. March 1991)
(Ans: Goodwill - Rs. 40,000;​

Answer 1

Answer:

I hope it helps

Please like it