Question

the average profit of a firm is 50,000 .Its assets and outside liabilities are 5,00,000 and 2,00,000 respectively. The normal rate of return is 10%. Find the value of goodwill if it is based on 2 years purchase of super profit.​

Answer 1

Answer:

will try to give the correct answer of your question

please follow me❤

...

Answer 2

Answer:

ANSWER

∠COB=90o

In △COB

∠COB+∠OBC+∠OBC=180o

∠OBC=180o−90o−40o

∠OBC=50o

∠OBC=∠ADB     ....[AD || BC]

∠ADB=50o