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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

(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 method

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