Capial employed by a partnership firm is Rs.5,00,000. Its average profit is Rs. 60,000. The normal rate of return in similar type of business is `10%.` What is the amount of super rofits?

Average profit of the firm is Rs. 2,00,000. Total assets of the firm are Rs. 15,00,000 whereas Partners' Capital is Rs. 12,00,000. If normal rate of return in a similar business is 10% of the capital employed, what is the value of goodwill by Capitalisation of Super Profit?

1. The goodwill of a firm is to be worked out at three years’ purchase of the average profits of the last five years which are as follows: {:(Year,Profits(Loss)(Rs)),(2012,10000),(2013,15000),(2014,4000),(2015,(5000)),(2016,6000):} 2. The capital employed of the firm is Rs. 1,00,000 and normal rate of return is 8%, the average profits for last 5 years are Rs. 12,000 and goodwill is to be worked out at 3 years’ purchase of super profits, 3. Rama Brothers earn an average profit of Rs. 30,000 with a capital of Rs. 2,00,000. The normal rate of return in the business is 10%. Using capitalisation of super profits method work out the value the goodwill of the firm.

Average profit of the firm is Rs. 3,00,000. Total assets of the firm are Rs. 24,00,000 whereas Partner's Capital is Rs. 20,00,000. If normal rate of return in a similar business is 12% of the capital employed, what is the value of goodwill by Capitalisation of super Profit?

The following information relates to a partnership firm: (a) Sundry Assets of the firm Rs. 6,80,000. Outside Liabilities Rs. 60,000. (b) Profits and losses for the past years : Profit 2013 Rs. 50,000, Loss 2014 Rs. 10,000, Profit 2015 Rs. 1,64,000 and Profit 2016 Rs. 1,80,000. (c) The normal rate of return in a similar type of business is 12%. Calculate the value of goodwill on the basis of : (i) Three year's purchase of average profits. (ii) Three year's purchase of super profits. (iii) Capitalisation of average profits, and (iv) Capitalisation of super profits.

Average net profit expected in future by XYZ firm is Rs. 36,000 per year. Average capital employed in the business by the firm is Rs. 2,00,000. The normal rate of return for capital invested in this class of business is 10% . Remuneration of the partners is estimated to be Rs. 6,000 p.a. Calculate the value of goodwill on the basis of two years' purchase of super profit.

A firm earned net profits durning the last seven years as follows : {:(2009,"Rs.","20,000 Profit",2010,"Rs.","70,000 Loss"),(2011,"Rs.","40,000 Loss",2012,"Rs.","2,50,000 Profit"),(2013,"Rs.","2,70,000 Profit",2014,"Rs.","3,00,000 Profit"),(2015,"Rs.","3,20,000 Profit",,,):} The Capital invested in the firm is Rs. 12,00,000. Normal rate of return in the similar type of business is 10%. Calculate the value of goodwill on the basis of 2(1)/(2) years' purchases of average super profits earned durning the above mentioned seven years.

The average profits of a firm is Rs. 48,000. The total assets of the firm are Rs. 8,00,000 Value of other liabilities is Rs. 5,00,000. Average rate of return in the same business is 12 %. Calculate goodwill from capitalisation of average profits method.

A business has earned average profit of Rs. 8,00,000 during the last few years. The normal rate of profit in the similar type of business is 10% .The total value fo assets and liabilities of the business were Rs. 22,00,000 and Rs. 5,60,000 respectively. Calculate the value of goodwill of the firm by super profit method if it is valued at 2 (1)/(2) years' purchase of super profits.

A business has earned average profits of Rs. 1,00,000 during the last few years and the normal rate of return in similar business is 10%. Find out the value of Goodwill by (i) Capitalisation of super profit method and (ii) Super profit method if the goodwill is valued at 3 years purchase of super profit. The assets of the business were Rs. 10,00,000 and its external liabilities Rs. 1,80,000.