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QUESTION ONE a) Lee plans to joint AYE and Bee partnership. The three have agreed to value goodwill as 3 year purchase of the

QUESTION ONE a) Lee plans to joint AYE and Bee partnership. The three have agreed to value goodwill as 3 year purchase of the average super profit. The net profits of Aye and Bee partnership have averaged sh 500,000. The average value of the partnership services to the partnership is sh 150,000 while the interest on the partnership capital at market rate is sh 100,000 Required: Compute goodwill using super profit method. ne ic is co

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