Question

koi hai ?
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A partnership firm has earned net profit during the last 3 years as : 2013 - 18,000, 2014 - 22,000 and 2015 - 26,000. The firm has a fixed capital of * 1,00,000 and 15% is considered as fair return on capital employed. Calculate the value of goodwill on the basis of 3 years' purchase of average super profit. (Ans. 121,000]​

Answer 1

Answer:

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