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A firm earned average profit of OMR 80,000 during the last few years and the normal rate of return in a similar business is 10%.

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A firm earned average profit of OMR 80,000 during the last few years and the normal rate of return in a similar business is 10%. The total assets are OMR 720,000 and outside liabilities are OMR 100,000. 1. Calculate the value of goodwill using Capitalization of Average profit method None of the choices OMR 180,000 OMR 800,000 OMR 620,000 2. Calculate the value of net assets using Capitalization of Average profit method. 3. Calculate the capitalized value of average profit using Capitalization of Average profit method

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