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