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प्रश्न
Find out the value of goodwill by capitalising super profits:
- Normal Rate of Return 10%
- Profits for the last four years are ₹ 30,000, ₹ 40,000, ₹ 50,000 and ₹ 45,000.
- A non-recurring income of ₹ 3,000 is included in the above mentioned profit of ₹ 30,000.
- Average capital employed is ₹ 3,00,000.
उत्तर
| Years | ||||
| Particulars | I | II | III | IV |
| Profits | 30,000 | 40,000 | 50,000 | 45,000 |
| (−) Non-recurring income | 3,000 | - | - | - |
| 27,000 | 40,000 | 50,000 | 45,000 | |
Total profit = 27,000 + 40,000 + 50,000 + 45,000
= ₹ 1,62,000
Average profit = `"Total profit"/"Number of years"`
= `(1,62,000)/4`
= ₹ 40,500
Normal profit = `("Capital employed" xx "Normal rate of return")/100`
= `(3,00,000 xx 10)/100`
= ₹ 30,000
Super profit = Average Profit – Normal Profit
= 40,500 – 30,000
= ₹ 10,500
Capitalisation super profit method = `"Super profit"/"Normal rate of return" xx 100`
= `(10,500)/10 xx 100`
= ₹ 1,05,000
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संबंधित प्रश्न
A business has earned average profits of Rs. 1,00,000 during the last few years. Find out the value of goodwill by capitalisation method, given that the assets of the business are Rs. 10,00,000 and its external liabilities are Rs. 1,80,000. The normal rate of return is 10%?
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| Liabilities | Amount (₹) |
Assets | Amount (₹) |
|
| Capital A/cs: | Land and Building | 10,00,000 | ||
| Shyam | 5,00,000 | Furniture | 2,00,000 | |
| Sunder | 5,00,000 | 10,00,000 | Investments | 1,00,000 |
| Current A/cs: | Sundry Debtors | 5,00,000 | ||
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| Sundry Creditors | 4,00,000 | Cash at Bank | 1,00,000 | |
| Bills Payable | 1,00,000 | |||
| Outstanding Expenses | 60,000 | |||
| 23,00,000 | | 23,00,000 | ||
Calculate the value of goodwill, if it is valued at three years' purchase of Super Profit.
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