Q.8 The following were the profits of a firm fot the last three years.
Profits
Years ending 31st march
2010
4,00,000 (incliding an abnormal gain of 50,000)
2011
5,00,000 (after charging an abnormal loss of 1,00,000)
2012
4,50,000 (excluding 50,000 payble on the insurance of plant and M/C
Calculate the value of firms goodwill on the basis of two years purchases of the average
Profits of last three years.
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"excluding" (and any subsequent words) was ignored because we limit queries to 32 words.
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