Principles of Accounting Volume 1
19th Edition
ISBN: 9781947172685
Author: OpenStax
Publisher: OpenStax College
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Hello tutor please given correct answer general Accounting
Transcribed Image Text:The Goodwill is to be valued at two years' purchase
of the last four years' average profit. The profits were
R.O 40,000, R.O 32,000, R.O 15,000 and R.O 13,000
respectively. Find out the value of goodwill.
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