The average profit of a firm is Rs. 48,000. And the rate of capitalization is 12%. The miscellaneous assets and liabilities of the firm are Rs. 3,50,000 respectively. And Rs. 1,00,000. Calculate reputution
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Answered by
0
Answer:
57,56,800
Explanation:
57,56,80057,56,800
Answered by
3
Answer:
Reputation means goodwill
Capitalised value of average profit =
average profit ×100/rate
=48000×100/12=400000
net assets = assets -liability
= 350000-100000=250000
goodwill = capitalised value of average profit - net assets
= 400000-250000=150000
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