SECTION : You are given the following details of a partnership firm: Average profits of past 5 Years: Year OMR 2015 14,00,000 2016 400,000 2017 4,00,000 2018 500,000 2019 300,000 Capital employed OMR 40,00,000 Normal rate of return - 10% Capitalized value of firm - OMR 20,00,000 Total assets of the firm 35,00,000 - OMR Outside liabilities - OMR 19,00,000 Q1. Calculate value of goodwill as per 3 years purchase of average profits of last 3 years 2 Marks Q2.Calculate value of goodwill as per 2 years purchase of super profits 2 Marks Q3.Calculate value of goodwill as per capitalization method. 2 Marks