Question
Ms. fatima and sara are partners sharing profits and losses in the ratio of 3:2. noora is admitted as a new partner for 1/4th share.
Ms. fatima and sara are partners sharing profits and losses in the ratio of 3:2. noora is admitted as a new partner for 1/4th share. Ms. noora brings RO. 60,000 as his capital and brings only 60% of his share of Goodwill in cash. The total Goodwill of the firm is RO. 80,000. How much amount of goodwill Ms.noora brought to the firm?
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Corporate Risk Management
Authors: Faisal F. Al-Thani, Tony Merna
2nd Edition
0470518332, 978-0470518335
