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A firm had employed 400000 as capital and earned profits of 75000 including 15000 received as insurance claim . The money could be invested in a bank for 3 years @10% per annum.Considering 2% as fair compensation for risk involved in the firm, calculate goodwill of the firm on the basis of capitalisation method. |
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Answer» ohzkhsjpdjpsohsosgafaud |
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