Question

Loration 20. From the following information, calculate value of goodwill of M/s Sharma
and Gupta
(5) At three years purchase of Average Profit
tih) At three years' purchase of Super Profit
ili) On the basis of Capitalisation of Super Profit
ty) On the basis of Capitalisation of Average Profit
(a) Average Capital Employed - 10,00.000
(h) Net Profit/Loss of the firm for the past years: 2015-1.60,000 (Profit); 2016-140,000
(Profit), 2017 - 2,70,000 (Profit)
(c) Normal Rate of Retum on capital is 11%
) Remuneration to each partner for his service to be treated as a charge on profit 2.500
per month
e) Assets fexduding goodwill) - 11,00,000; Liabilities - 1,00,000 ​

Answer 1

Answer:

10,00,000

Explanation:

Pls follow me and mark me brainlest