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From the following balance sheet of softlook co ltd. as at 31st march 2010. find goodwill. good should be valued at 5 yrs purchase of super profits. avg profit is 75000 fof Last 3 yrs. fair return on capital emp is 10%PLZ ANSWER ASAP:) |
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Answer» Answer: ... 5 yrs purchase of super profits. avg profit is 75000 FOF Last 3 yrs. fair RETURN ... Normal rate of return on capital EMPLOYED is 10 %. |
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