Q1 You are required to value the goodwill of the following business:

Sales Analysis discloses a year purchase figure of 2.5 years

Value of the net tangible assests is $160,000

The return on the value of the net tangible assests is 14% per annum

Average net profit based on previous trading, after allowing for all wagers and remuneration is $29,000 per annum

Answer

Net profit $29,000

Less NTA @ 14% $22,400

Annual Super Profit 6,600

$6,600 x 2.5 Y.P = 16,500

In this question how to calculate NTA years @ 14% ? and what is meaning of @?

Q2

Super profits are determined as described in detail in previous example super profit $120,000

These super profits are expected to continue for a period of 5 years

Assessment of the risk disclosed by analysis & research of this type business is at 11%

Use figures for present value of $1 dollar per annum pv of $1.p.a for 5 years @11% = 3.69590

12000*3.69590 =$44350

Use figures for present value of $1 dollar per annum pv of $1.p.a for 5 years @11% = 3.69590

In this sentece what does the meaning of 5 year@11% and how to calculate it?

Please show me the formula or process of 5 year@11%