A firm earned the net profit during the last 3 years as follow: 2001 Rs. 15,000...
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A firm earned the net profit during the last 3 years as follow: 2001 Rs. 15,000 The capital investment in the firm is rs 1,00,000. Having regard to 2002Rs. 20,000 2003 Rs. 25,000 the risk involved 15% is the fair return on basis of 2 years purchase of average Super profit earned during 3 years is: A Rs 8,000 B C D Rs 10,000 Rs 12,000 Rs 15,000 A firm earned the net profit during the last 3 years as follow: 2001 Rs. 15,000 The capital investment in the firm is rs 1,00,000. Having regard to 2002Rs. 20,000 2003 Rs. 25,000 the risk involved 15% is the fair return on basis of 2 years purchase of average Super profit earned during 3 years is: A Rs 8,000 B C D Rs 10,000 Rs 12,000 Rs 15,000
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College Accounting
ISBN: 978-1111528126
11th edition
Authors: Tracie Nobles, Cathy Scott, Douglas McQuaig, Patricia Bille
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