Accountancy, asked by sachinpatil9040, 23 hours ago

The net assets of a firm including fictitious assets of Rs 5,000 are Rs 85,000. The net liabilities of the firm are Rs30,000. The normal rate of return is `10%` and the average profits of the firm are Rs8,000. Calculate the goodwill as per capitalisation of super profits.

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Answered by kamaljhaloor47
2

answer may be 25000 rs .. in this super profit is 2500

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