Question

The assets of the firm are 26000and liabilities other than capital are 6000 the normal rate of profit in this type of business is 121/2%where as the firm earns a profit of 8400 calculate the amount of Goodwill on the basis of capitalization of super profit

Answer 1

Answer:

The assets of the firm are 26000and liabilities other than capital are 6000 the normal rate of profit in this type of business is 121/2%where as the firm earns a profit of 8400 calculate the amount of Goodwill on the basis of capitalization of super profit