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information: company has average profits based on the question 1, normal rate of return is 20%, total assets $ 2,500,000 and liabilities 1,000,000. 1] Please

information: company has average profits based on the question 1, normal rate of return is 20%, total assets $ 2,500,000 and liabilities 1,000,000. 1] Please use the formula below to calculate Good will:

Formula = Capitalized value of Average / Super Profits - Capital Employed.

Instructions:

Please show the clear calculation and interpretation

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