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Calculate Goodwill by capitalization of profit method. (1) average profit. 72025 (2) capital employed. 2,95,238. (3) normal rate of return on capital 10%. (4) managerial remuneration 10,000 P.A. |
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Answer» Answer: 72,025-10,000=62025×100/10=6,20,250 620250-295238=325012 |
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