Given:
Fixtures-#30,000
Debtors-#7,000
Stock- #8,000
Creditors-#3,000
Goodwill-#10,000
A. #10,000
B. #42,000
C. #45,000
D. #52,000
Correct Answer:
Option D – #52,000
Explanation
30,000 + 7000 + 8000 +10,000 = 55000
55,000 – 3000 = 52,000