PREVIOUS YEAR SOLVED PAPERS MCQ - July 2016

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Different Ratios at Glance
1. Balance Sheet Ratios:
2. Revenue Statement Ratios:
3. Mixed/Composite Ratio:
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On the basis of Ganesh’s capital, total capital of the firm should be 12,00,000 (300000 × 4).
But the actual capital of the firm is 1090000.
Hence, goodwill = 1200000 – 1090000 = 110000
∴ Ganesh’s Share of Goodwill
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