MCQOPTIONS
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| 1. |
The profits of the last three years is55000,50000,45000. Value of goodwill of 2 yearspurchase of average profit isSol: |
| A. | 100000 |
| B. | 42000 |
| C. | 126000 |
| D. | None |
| Answer» B. 42000 | |