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12th Class Accountancy Goodwill Question Bank MCQs - Goodwill : Nature And Valuation

  • question_answer
    Goodwill of the firm is valued at 3 years purchase of simple average profit of last 4 years. Goodwill was calculated Rs. 1,68,000. Total profit of last four years were:

    A) 56,000

    B) 2,24,000

    C) 1,68,000 

    D) 1,26,000

    Correct Answer: B

    Solution :

    2,24,000


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