The Goodwill is to be valued at two years' purchase of last four years' average profit. The profits were R.O 40, 000, R.O 32,000, R.O 15,000 and R.O 13,000 respectively. Find out the value of goodwill
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- Calculate goodwill at twice the average profits of last four years’ profits. The profits of the last four years were: RO. 13,500, RO. 19,500, RO. 8,000 (Loss) and RO. 20,000. Therefore, the amount of goodwill will be: a. RO 22,500 b. RO 67,500 c. RO 45,000 d. RO 12,500 ***fast please****20. An item is purchased for P100,000. Annual cost are P18,000. Using 8%, what is the capitalized cost of the perpetual service?using a capitalization of 10% a commercial property is valued at 420000. the expenses are 30% of the gross income. what is the monthly gross incom
- If the EBIT for the year is $5000, depreciation is $1000 and the tax rate is 20%. Further CA on Dec. 31st were $1500 and the CL were $700. On Jan. 1st the CA were $1000 and the CL were $800. The value of Future Assets on Dec.31st was $3000 and on Jan.1st was $5000. Find the CFA.4. An instrument requires recalibration once every five years at a cost of $2500 each time. Determine the capitalized cost of this expense, assuming i = 5%.An asset costs $19,000. At a depreciation rate of 20 percent, calculate its book value using declining-balance method. a. After one year b. After two years c. After six years a. The book value after one year is $ . (Round to the nearest dollar as needed.)
- The profits of the firm for 4 years will be 1st year RO 76000, 2nd year RO 84000, 3rd year RO 64000, 4th year RO 56000. The capital employed in the firm was RO 280000 and the normal rate of return will be 15%. Goodwill for 4 years purchase under super profit method will be O a. RO 56,000 O b. RO 42,000 O. RO 64,000 O d. RO 112,000(b) Calculate the capital value of the right to an income of 6,000 RO per annum in porpetuily where the appropriate return by reference to the sales of other similar properties is 7.5%.Compute for the corrected profit for the following year: 2019 A.550,000 B.450,000 c.360,000 D.500,000
- Assume that an asset has a first cost of P94,158.00 and an expected salvage value of P15,613.00 after 12 years. Calculate the book value directly at the end of year 4.For purposes of the property factor, leased property is generally valued at a. 10 times annual rentals. b. 8 times annual rentals. c. 5 times annual rentals. d. The fair market value of comparable assets. e. The present value of future rental payments.Referring to PA7 where Kenzie Company purchased a 3-D printer for $450,000, consider how the purchase of the printer impacts not only depreciation expense each year but also the assets book value. What amount will be recorded as depreciation expense each year, and what will the book value be at the end of each year after depreciation is recorded?