The total capital of the firm of Sakshi, Mehak and Megha is Rs 1,00,000 and the market rate of interest is 15 The net profits for the last 3 years were Rs 30,000, Rs 36,000 and Rs 42,000 Goodwill is to be be valued at 2 years purchase of the last 3 years super Calculate the goodwill of the firm Th...

Step 1 Calculation of normal profit Normal profit Capital employ ...

The total capital of the firm of Sakshi, Mehak and Megha is Rs. 1,00,000 and the...

Fantastic news! We've Found the answer you've been seeking!

Question:

Related Book For answer-question

Managerial Accounting

ISBN: 978-0133428377

4th edition

Authors: Karen W. Braun, Wendy M. Tietz

See More Books

Posted Date: Jan 15, 2021 10:21 AM

See More Questions

One area that fast food restaurants compete with one another is with the service time for the drive through window. The following data show the drive through service times, in minutes, for a random...
When you go to a restaurant, that restaurant must execute several operational processes. Apply the concepts in this chapter to several of these processes. These processes might include seating,...
Zebra Corporation has always been an S corporation and is 100% owned by Paul. Paul has a basis of $40,000 in his Zebra stock at the beginning of the year. During the year, Zebra has an ordinary loss...
Experiment: Guessing the gender(s) of the three children in a family Event: The family has two boys Identify the sample space of the probability experiment and determine the number of outcomes in the...
(a) Find the magnitude of the acceleration of the two blocks in FIGURE 6-56 (a). Assume the top block slides without friction on the horizontal surface. (b) If the 12-N block in Figure 6-56 (a) is...
What is the Plug and Chug SDBTF paradigm? What are its origins? Why is it important to get the SDBTF Paradigm corrected in Engineering education?
The Goodstone Tire Company produces a brand of tire called the Rain path. The annual demand at its distribution center is 12,400 tires per year. The transport and handling costs are $2600 each time a...
1) Why is it important to practice Ethical PR and use techniques in making decisions in dilemmatic situations? As Wright quotes: "Central to the importance of ethics in public relations is the fact...
Steelcase Inc. is one of the largest manufacturers of office furniture in the United States. In Grand Rapids, Michigan, it produces filing cabinets in two departments: Fabrication and Assembly....
Changing the culture at Starbucks: Racial-Bias Training On April 12, 2018, a manager at a Starbucks in Philadelphia called police to arrest two black men in the store. The two men were waiting for a...
Dorothy (aged 17) has discovered that she is in 23 weeks pregnant. She is a Type-1 diabetic. Since a very young age, Dorothy has been devoutly religious. Part of her religion's doctrine is the belief...
A force of F = 1 5 0 N is applied at 3 0 o West of North . what is the x component of the force ?
X - rays having an energy of 3 0 1 keV undergo Compton scattering from a target. The scattered rays are detected at 3 1 o relative to the incident rays. Find the Compton shift at this angle. Round...
CASE STUDY: PROFITS AND THE EVOLUTION OF THE COMPUTER INDUSTRY. When profits in a given industry are higher than in other industries, new firms will attempt to enter that industry. CASE STUDY:...
Helix Corporation uses the weighted-average method of process costing. It produces prefabricated flooring in a series of steps carried out in production departments. All of the material used in the...
what accounts are involved when you buy assets on credit? Is it a debit or a credit to each account?
In the simple quantity theory of money, what will lead to an increase in aggregate demand? In monetarism, what will lead to an increase in aggregate demand?
The Plastic Lumber Company, Inc., (PLC) is a manufacturer that takes in post- consumer plastics (i. e., empty milk jugs) and recycles those plastics into a plastic lumber that can be used to build...
The budgets of four companies yield the following information: Requirements 1. Fill in the blanks for each company. 2. Compute breakeven, in sales dollars, for each company. Which company has the...
Merriweather Corporation began the year with accounts receivable, inventory, and prepaid expenses totaling $ 69,000. At the end of the year, Merriweather had a total of $ 78,000 for these current...
The W14 $\times 26$ structural A-36 steel member is used as a 20 -ft-long column that is assumed to be fixed at its top and fixed at its bottom. If the 15-kip load is applied at an eccentric...
The W14 $\times 26$ structural A-36 steel member is used as a column that is assumed to be fixed at its top and pinned at its bottom. If the 15-kip load is applied at an eccentric distance of 10...
Determine the maximum eccentric load $P$ the 2014-T6aluminum-alloy strut can support without causing it either to buckle or yield. The ends of the strut are pin connected. a $150 mm 150 mm 100 mm...

The total capital of the firm of Sakshi, Mehak and Megha is Rs. 1,00,000 and the...

Question:

Expert Answer:

Step 1 Calculation of normal profit Normal profit Capital employ... View the full answer

Managerial Accounting

Students also viewed these accounting questions