Question

The following data are available in respect of a partnership firm:
(i) Average profit * 80,000 (ii) Fixed Assets 76,70,000 (iii) Current Assets * 2,30,000 (iv) Outside
liabilities *3,60,000 and (v) Normal rate of return is
$12.5$
%.
Calculate the value of goodwill of the firm.
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Answer 1

Answer:

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