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From the following particulars, calculate value of goodwill of a firm by applying Capitalisation of Average Profit Mehod: (i) Profits of last five con

Monjur Alahi

From the following particulars, calculate value of goodwill of a firm by applying Capitalisation of Average Profit Mehod:
(i) Profits of last five consecutive years ending 31st March are: 2019 - Rs. 54,000, 2018 - Rs. 42,000, 2017 - Rs. 39,000, 2016 - Rs. 67,000 and 2015 - Rs. 59,000.
(ii) Capitalisation rate`20%`.
(iii) Net assets of the firm Rs. 2,00,000.


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Salim Ahmed Kawsar

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Correct Answer - Goodwill - Rs. 61,000.

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Find (i) the last digit, (ii) the last two digits, and (iii) the last three digits of `17^(256)dot`

We have `17^(256) = (17^(2))^(128) = (289)^(128) = (290-1)^(128)` `:. 17^(256) = .^(128)C_(0)(290)^(128)-.^(128)C_(1)(290)^(127)+.^(128)C_(2)(290)^(126)-"....."` `- .^(128)C_(125)(290)^(3)+.^(128)C_(126)(290)^(2)-.^(128)C_(127)(290)+1` `=[.^(128)C_(0)(290)^(128) - .^(128)C_(1)(290)^(127)+.^(128)C_(2)(290)^(126)-"....."` `-.^(128)C_(125)(290)^(3)]+.^(128)C_(126)(290)^(2) -.^(128)C_(127)(290)+1` `=1000m+((128)(127))/(2)(290)^(2)-128xx290+1` `= 1000 m + (128)(127)(290)(145)-128xx290-1` `= 1000m+(128)(290)(127xx145-1)+1` `=1000m+(128)(290)(18414)+1` `=1000m+683527680+1`...

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2 Answers 1 views
From the following data, find out value added by firm X: (i) Sales by firm Y to firm X 400 (ii) Sales by firm X to households 500 (iii) Purchases by f

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Change is profit sharing ratio of existing partners result in -  (A) Revaluation of firm  (B) Reconstitution of firm 

Correct option is: (B) Reconstitution of firm

2 Answers 1 views
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Correct Answer - Goodwill - Rs. 1,68,000.

2 Answers 1 views
Average profit earned by a firm is Rs. 1,00,000 which includes undervaluation of stock of Rs. 40,000 on an average basis. The capital invested in the

Correct Answer - Goodwill - Rs. 5,42,500.

2 Answers 1 views
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Correct Answer - Value of Goodwill - Rs. 2,70,000.

2 Answers 1 views
From the following information, calculate value of goodwill of the firm by applying Capitalisation Method: Total Capital of the firm Rs. 16,00,000. No

Correct Answer - Goodwill - Rs. 4,00,000.

2 Answers 1 views
A business has earned average profit of 1,00,000 during the last few years. Find out the value fo goodwill by capitalisation method, given that the as

Correct Answer - Goodwill - Rs. 1,80,000.

2 Answers 1 views

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