Calculate the amount of goodwill on the basis of three years purchase of the last five years
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Calculate the amount of goodwill on the basis of three years’ purchase of the last five years’ average profits. The profits for the last five years are:
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Year Year I Year II Year III Year IV Year V Amount (in) 9,600 14,400 20,000 6,000 10,000
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NArendra Kumar
I got 1692 rank in Gate 2015 in EE. Its an entrance test conducted by IITs in India. Right now I am preparing for Engineering Services Exam conducted by Govt Of India.
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