Ques 4 Capital employed of a firm is 3,00,000. The annual profit earned by the firm during 2019 is 348,000.
The money could be invested in a bank for 5 years at 10%p.a. considering 2% as fair compensation for the risk
involved in the business, the goodwill of the firm on the basis of capitalisation will be:
Answers
Answered by
20
Explanation:
Capital employed: 300000
Annual Profit:48000
Rate: (10+2)
Normal profit = 300000*12/100
=36000
Super Profit = avg. profit-normal profit
=48000-36000
=12000
super profit = 12000/12*100
=100,000
Answer:100000
Answered by
7
Given:
Capital employed of firm = 300000
Annual profit = 348000
Rate = 10% p.a
To Find:
profit of the firm
Explanation:
Capital employed =300000
Annual Profit = 48000
Then Rate = (10+2)
Normal profit = 300000×12/100
= 36000
Super Profit = avg. profit - normal profit
= 48000 - 36000
= 12000
super profit = 12000/12×100
= 100,000
Profit will be of 100000
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