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Find the goodwill from the following information: Capital employed - Rs.11,00,000 Rate of normal return - Rs.10% Future Maintainable profit - Rs.2, 00, 000
Find the goodwill from the following information: Capital employed - Rs.11,00,000 Rate of normal return - Rs.10% Future Maintainable profit - Rs.2, 00, 000 No. of year purchase -3 years A B C D Rs.6, 00, 000 Rs.2, 70,000 Rs.9, 00, 000 Rs.3, 70,000
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ANSWER B Rs 270000 SOLUTION First we find the normal profit Cap...Get Instant Access to Expert-Tailored Solutions
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