1.

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.

Answer»

Answer:

72,025-10,000=62025×100/10=6,20,250

620250-295238=325012



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