Question

The following particulars are available in respect of the business carriedWisehead :-(i) Average Capital employed 5,00,000; (ii) Trading results : 2016 profit 1220002017 profit 1,50,000; 2018 loss 20,000; 2019 profit 2,10,000; (iii) Marketinterest on investments @ 8%; (iv) Rate of return to cover the risk on capital invebusiness 2%; and (v) Remuneration from alternative employment of the proprietor(if not engages in business) *36,000 p.a.You are required to compute the value of goodwill on the basis of 3 year's puresuper profits of the business calculated on the average profits of the last 4 years.taxation.[Ans. Super Profit 29,500 : Goodwill 88,500.][Hint. (Normal rate of profit 8% +2% = 10%)]​

Answer 1

Answer:

+ it than divide or - answer is come