1.

the average profits of a firm is 48000. the total assets of the firm are 800000. value of other liabilities is 500000. average rate of return in the same business is 12 percentage. calculate the Goodwill​

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Answer:

The AVERAGE profits of a firm is Rs. 48,000. The TOTAL assets of the firm are Rs. 8,00,000 Value of other LIABILITIES is Rs. 5,00,000. Average rate of RETURN in the same business is 12 %.
Calculate goodwill from CAPITALISATION of average profits method.

Explanation:

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