+3 votes
in Class 12 by kratos

The total capital of the firm of Sakshi, Mehak and Megha is RS 1,00,000 and the market rate of interest is 15% .The net profits for the last three years were Rs 30,000, Rs 36,000 and Rs. 42,000. Goodwill is to be valued at 2 years purchase of the last 3 years super profits.Calculate the goodwill of the firm.

1 Answer

+5 votes
by kratos
 
Best answer

Answer given below:

https://bit.ly/2VNDWhS

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