67. A firm earns Rs.10,000 as its normal profits. The rate of normal return being 10%.?

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A firm earns Rs.10,000 as its normal profits. The rate of normal return being 10...
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VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
06-October-2014

The assets of the firm amount to Rs.72,000 and liabilities to Rs.24,000. Find out the value of goodwill.

a) Rs52,000

b) Rs100000

c) Rs32,500

d) zero.

Money Market Accounting Value Based Selling Project Management Management

Question added by Mohammed Asim Nehal , M Asim Nehal & Co , Chartered Accountants
Date Posted: 2015/08/20

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1 Answers

by lynn feghali , Production coordinator , freelancer

value of goodwill : a) Rs.52000

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