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    Business
  3. Study Set
    Financial Accounting
  4. Exam
    Exam 6: Valuation and Calculation of Goodwill
  5. Question
    The Profits of the Last Three Years Is 42000, 39000,45000
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The Profits of the Last Three Years Is 42000, 39000,45000

Question 4

Question 4

Multiple Choice

The profits of the last three years is 42000, 39000,45000. Value of goodwill of 2 years purchase of average profit is


A) 84000
B) 42000
C) 126000
D) None

Correct Answer:

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