The total capital of the firm of Sakshi, Mehak, and Megha is ₹ 1,00,000 and the market rate of interest is 15%. The net profits for the last 3 years were ₹ 36,000 and ₹ 42,000.
The total capital of the firm of Sakshi, Mehak, and Megha is ₹ 1,00,000 and the market rate of interest is 15%. The net profits for the last 3 years were ₹ 36,000 and ₹ 42,000.
Goodwill is to be valued at 2 years’ purchase of the last 3 year’s super profit.
Calculate the goodwill of the firm.
[Ans.: Goodwill – ₹ 42,000.]
Anurag Pathak Changed status to publish April 17, 2023
