1.

Profits of a firm for the year ended 31st March for the last five years were: Calculate value of goodwill on the basis of three years purchase of Weighted Average Profit after assigning weights 1, 2, 3, 4 and 5 respectively to the profits for years ended 31st March, 2014, 2015, 2016, 2017 and 2018.

Answer»

TE GOOD QUESTIONtimes the AVERAGE annual PROFIT of the previous four or five years whichever is higher. The AGREED PROFITS for goodwillHOPE THIS HELPS ❤️PLEASE MARK AS BRAINLIEST ❤️❤️❤️FOLLOW ME



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