Financial and Management Accounting

1: A firm earns a profit of Rs. 15,000 per year. In the same business a 10% return is generally expected. The total assets of the firm are Rs. 1,70,000. The value of other liabilities is Rs. 60,000. What is the value of goodwill?

A.	Rs. 20,000
B.	Rs. 30,000
C.	Rs. 40,000
D.	Rs. 50,000
	Answer : C Explanation : Write your comments here: Updating your Comments.. Updating your Comments.. Report Error
	Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here.

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Financial and Management Accounting

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