Mathematics, 23.10.2021 14:00 oakleylynn
ABC limited earned average profit of ₹ 2 lakhs during the last two years the normal rate of return is 10%. The assets of the business were ₹ 15 lakhs and external liabilities was ₹ 2 lakh 80,000. Calculate the value of goodwill of the firm by super profit method if the goodwill is at 2 and a half year purchase of super profit.
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ABC limited earned average profit of ₹ 2 lakhs during the last two years the normal rate of return i...
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