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I need the answer as soon as possible Please do only if u can do in few minutes or else let others try 4. Meena
I need the answer as soon as possible
Please do only if u can do in few minutes or else let others try 4. Meena purchased Simmi's business from 1st April, 2015. The Profits disclosed by Simmi's Business for the last three years were as follows: Year ending 31st March 2013 - 40,000 (Including an Abnormal gain of 5,000) Year ending 31st March 2014 350,000 (After charging an Abnormal Loss of 10,000) Year ending 31st March 2015 345,000 (Excluding 35,000 as annual Insurance Premium of firm's Property now Insured) Calculate the Value of firm's goodwill on the basis of 2 years Purchase of the average Profit for the last three yearsStep by Step Solution
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