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.. (Capitalisation of super profits). A firm having the assets of $ 5,00,000 and liabilities of $ 2,10,000 earns the annual profits of $ 45,000.
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(Capitalisation of super profits). A firm having the assets of $ 5,00,000 and liabilities of $ 2,10,000 earns the annual profits of $ 45,000. The rate of normal profit being 15%. Calculate the amount of Goodwill by capitalisation of super profits methodStep by Step Solution
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Economic Influences On The Development Of Accounting In Firms
Authors: George J. Staubus
1st Edition
0367721325, 9780367721329
