Compute the value of goodwill on the basis of four years’ purchase o

Compute the value of goodwill on the basis of four years’ purchase of the average profits based on the last five years? The profits for the last five years were as follows: Rs 2013 40,000 2014 50,000 2015 60,000 2016 50,000 2017 60,000

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Compute the value of goodwill on the basis of four years’ purchase of the average profits based on the last five years? The profits for the last five years were as follows:

	Rs
2013	40,000
2014	50,000
2015	60,000
2016	50,000
2017	60,000

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Compute the value of goodwill on the basis of four years’ purchase of the average profits based on the last five years? The profits for the last five years were as follows: Rs 2013 40,000 2014 50,000 2015 60,000 2016 50,000 2017 60,000

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