From the following information, Calculate the value of the goodwill of the firm by applying Capitalisation Method. Total Capital of the firm ₹ 16,00,000. Normal Rate of Return 10% Profit for the year ₹ 2,00,000
From the following information, Calculate the value of the goodwill of the firm by applying Capitalisation Method.
Total Capital of the firm ₹ 16,00,000.
Normal Rate of Return 10%
Profit for the year ₹ 2,00,000
[Ans.: Goodwill – ₹ 4,00,000]
Anurag Pathak Changed status to publish April 18, 2023