Compute the value of goodwill on the basis of four year's purchase of the average profits based on the last five years. The profits for the last five years were as follows. YearAmt. (Rs.)200240,000200350,000200460,000200550,000200660,000

Compute the value of goodwill on the basis of four year's purchase o

1.	Compute the value of goodwill on the basis of four year's purchase of the average profits based on the last five years. The profits for the last five years were as follows. YearAmt. (Rs.)200240,000200350,000200460,000200550,000200660,000
Answer» Compute the value of goodwill on the basis of four year's purchase of the average profits based on the last five years. The profits for the last five years were as follows. $\begin{matrix} Year & Amt. (Rs.) 2002 & 40, 000 2003 & 50, 000 2004 & 60, 000 2005 & 50, 000 2006 & 60, 000 \end{matrix}$

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Compute the value of goodwill on the basis of four year's purchase of the average profits based on the last five years. The profits for the last five years were as follows. YearAmt. (Rs.)200240,000200350,000200460,000200550,000200660,000

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