Goodwill is valued as two years purchase of the average profits of thr – McqOptions

MCQOPTIONS

1.	Goodwill is valued as two years purchase of the average profits of three previous years are Rs. 15000, the value of goodwill be:
A.	rs. 15000
B.	rs. 30000
C.	rs. 20000
D.	rs. 50000
Answer» C. rs. 20000

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