Find out the goodwill of the company from the following information : Total Capital Employed = ₹8,00,000 Reasonable Rate of return = 15% Profits for the year = ₹12,00,000 Use capitalization method:
CS Executive · Corporate and Management Accounting · PYQS · June 2021
Find out the goodwill of the company from the following information : Total Capital Employed = ₹8,00,000 Reasonable Rate of return = 15% Profits for the year = ₹12,00,000 Use capitalization method:
Answer & Explanation:
Correct Answer: Option (C)
Official answer key: (C).
Topics: Corporate Accounting
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