Question

low
Ans.
(Capitalisation of Super Profit) The assets of a firm are 26,000 and liabilities other
than capital are < 6,000. The normal rate of profit in this type of business is 12 % where
as the firm earns a profit of 8,400. Calculate the amount of goodwill on the basis of
capitalization of super profit method.
Value of goodwill * 47,200)
(Ans.
10
12​

Answer 1

Answer:

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