Accountancy, asked by dkoolwal15, 7 months ago

what is meant be number of years purchase??​

Answers

Answered by kanda7
1

Answer:

it means it has been purchased from years

Answered by aadityasharma89
8

Answer:

Number of years' purchase is the number of years' for which the firm will expect to earn the same amount of profit because of the past efforts of the firm after change of ownership.

Explanation:

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