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The super profits of a firm are Rs. 14,0...

The super profits of a firm are Rs. 14,000. If the normal rate of return is 7%, calculate the amount of goodwill by super profit capitalisation method.

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Goodwill Rs. 2,00,000
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J and K are partners in a firm. Their capitals are: j Rs. 3,00,000 and K Rs. 2,00,000. During the year ended 31st March, 2010 the firm earned a profit of Rs. 1,50,000. Assuming that the normal rate of return is 20% , calculate the value of goodwill of the firm: (i) By Capitalisation Method: and (ii) By Super Profit Method if the goodwill is valued at 2 years' purchase of super profit.

Ajeet and Baljeet are partners in a firm. Their capitals are Rs. 9,00,000 and Rs. 6,00,000 respectively. During the year ended 31st March, 2019 the firm earned a profit of Rs. 4,50,000. Assuming that the normal rate of return is 20% , calculate value of goodwill of the firm: (i) By Capitalisation Method, and (ii) By Super Profit Method if the goodwill is valued at 2 years' purchase of super profit.

Puneet and Trun are in restaurant business having credit balance in their fixed Capital Account as Rs. 2,50,000 each. They have credit balances in their Current Accounts of Rs. 30,000 and Rs. 20,000 respectively. The firm does not have any liability. They are regularly earning profits and their average profit fo last 5 years is Rs. 1,00,000. If the normal rate of return is 10% find the value of goodwill by Capitalisation of Average Profit Method.

Anupma, Purnima and Ruchika are partners in a business. Balances in their Capital and Current Account as on 31st March, 2019 were : {:(,"Capital Account (Rs.)","Current Account (Rs.)"),("Anupma"," 6,00,000"," 60,000 (Dr.)"),("Purnima"," 5,00,000"," 30,000 (Dr.)"),("Ruchika"," 5,00,000"," 10,000 (Cr.)"):} The firm earned an average profit of Rs. 2,40,000. If the normal rate of return is 12%, find the value of goodwill by Capitalisation of Average Profit Method.

Calculate the value of goodwill according to capitalisation of Super Profits.

The net assets of a firm including fictitious assets of Rs 5,000 are Rs 85,000. The net liabilities of the firm are Rs30,000. The normal rate of return is 10% and the average profits of the firm are Rs8,000. Calculate the goodwill as per capitalisation of super profits.

Average profit of the firm is Rs. 1,50,000. Total tangible assets in the firm are Rs. 14,00,000 and outside liabilities are Rs. 4,00,000. In the same type of business, the normal rate fo return is 10% of the capital employed. Calculate value fo goodwill by Capitalisation of Super Profit Method.

(Super Profit Method, Undervaluation of Stock). Average profit earned by a firm is Rs. 75,000 which includes undervaluation of stock of Rs. 5,000 on average basis. The capital invested in the business is Rs. 7,00,000 and the normal rate of return is 7% . Calculate goodwill of the firm on the basis of 5 times the super profit.

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?

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