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Question - Calculate the value of goodwill under annuity of super profits, from the following information:
a) Net profit for the last five years : Rs.40,000 ; Rs.42,000 ; Rs.45,000 ; Rs.46,000 and Rs.47,000.
b) Capital employed in the business Rs.4,00,000.
c) Reasonable rate of expected returns on capital - 10%.
d) Present value of annuity of one rupee for five years at 10 percent interest as Rs.3.78.
Write a letter to Eric advising him and telling him how the group should proceed in practical terms.
Do you agree with this statement? Are there significant ways in which the business marketplace differs from the political marketplace?
What is book value? When equipment is sold for more than book value, how is the transaction recorded? How is it recorded when the selling price is less than book value?
Neither Amanda nor KC can deduct any of the above items in calculating the business profit
standard and actual cost offfr direct labor for the manufacture of 1000 units of product were as follows actual costs
Kruger Corporation has the following long-term investments. (1) Common stock of Eidman Co. (10% ownership) held as available-for-sale securities cost $108,000, fair value $115,000. (2) Common stock of Pickerill Inc. (30% ownership), cost $210,000,..
Direct material used $317,000; factory utilities $122,000; and sales salaries expense $167,000. Determine the dollar amount of overhead costs
ned has active modified adjusted gross income before passive losses of 170000. he has a loss of 15999 on rental
Compute an estimate of the ending balance of accounts receivable from customers that should appear in the ledger and any apparent shortages. Assume that all sales are made on account.
calculate the purchases needed to support January sales
Identify the ethical dilemma that the scenario presents and evaluate two ethical frameworks that applied to management's decisions.
Wilson's Retail Company is planning a case budget for the next three months. Prepare monthly cash budgets for February, March, and April
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