Math, asked by janhavisawant03, 5 months ago

Q5.Find the Value of Goodwill from the following information by using Super Profit method. (8)

Year Amount

2016 90,000(profit)

2017 85,000(Profit)

2018 1,00,000(Profit)

2019 40,000(loss)

2020 85,000(Profit)

1)Capital employed is ` 3,50,000

2)Normal Rate of Return is 12%

3)Goodwill is to be valued at two years purchases of super profit.​

Answers

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Answered by arooha
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