Question

IT A firm earned
1
profits of Rs. 80,000
R1,00,000 Rs 20,000 and Rs. 1,80,000 during
2010-11 2011-12 2012-13 and 2013-14 respectuels
the form
has capital investment of Rs.500,000
A fair rate of return on investment
is 15-1.
P.a.
calculate goodwill of the
frim based on three year's purchase
of
aver age
super profets of last four
years.​

Answer 1

Answer:

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