11 A firm cated average profit of OMR 80,000 during the last few years and...

90.2K

Verified Solution

Question

Accounting

image
image
image
11 A firm cated average profit of OMR 80,000 during the last few years and the normal rate of return in a similar business is 10%. The total assets are OMR 720.000 and outside abilities are OMR 100,000 1. Calculate the value of goodwill using Capitalization of Average profit method Gestion OMR 620,000 OMR 180,000 None of the choices OMR 800,000 FAN 2. Calculate the value of net assets using Capitalization of Average profit method. OMR 180,000 OMR 800,000 None of the choices OMR 620,000 3. Calculate the capitalized value of iverage profit using Capitalization of Average profit method OMR 180.000 OMR 800,000 OMR 620,000 None of the choices

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students