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67. A firm earns Rs.10,000 as its normal profits. The rate of normal return being 10%.?

The assets of the firm amount to Rs.72,000 and liabilities to Rs.24,000. Find out the value of goodwill.

a) Rs52,000

b) Rs100000

c) Rs32,500

d) zero.

 

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Question added by Mohammed Asim Nehal , M Asim Nehal & Co , Chartered Accountants
Date Posted: 2015/08/20
lynn feghali
by lynn feghali , Production coordinator , freelancer

value of goodwill : a) Rs.52000 

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