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Question 2: The following information is relating to ABC Company Normal Rate of Retur @ 8% Capital Employed Rs 4,00,000 Profit for last 5 years
Question 2: The following information is relating to ABC Company Normal Rate of Retur @ 8% Capital Employed Rs 4,00,000 Profit for last 5 years are Dhs 20,000 Dhs. 25,000 Dhs. 45.000, Dhs. 40,000 and Dhs. 55,000 Compute the value of goodwill using super profit method Clearly show calculations for average profit, super profit and value of goodwill
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Intermediate Accounting Volume 1
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Irene M. Wiecek, Bruce J. McConomy
13th Canadian Edition
1119740460, 978-1119740469
