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10. 90,000 109 13,000 Am ** A firm has a capital of 790,000. The normal profit is estimated at 10%. If the actual profit of

10. 90,000 109 13,000 Am ** A firm has a capital of 790,000. The normal profit is estimated at 10%. If the actual profit of the firm is 13,000. Calculate the value of goodwill on the basis of three years purchase of super profit. Ans. Value of Goodwill 12,000 Hint Super Profit * 4,000]

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