Average net profit of Home Depot expected in the future is ₹54,000/year. Average capital employed in the business is ₹ 300,000. Normal profit expected from capital invested in this class of business is 10%. The remuneration of the partners is estimated in future is ₹9000/ annum. Find the value of goodwill on the basis of two years' purchase of super profit.​

Answer :

Answer:

Average capital employed in the business is ₹ 3,00,000.

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