Deprecated: Return type of AdvancedAds\Abstracts\Data::offsetGet($offset) should either be compatible with ArrayAccess::offsetGet(mixed $offset): mixed, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice in /home/erudites/web/erudites.ng/public_html/wp-content/plugins/advanced-ads/includes/abstracts/abstract-data.php on line 431
The Value Of Goodwill Calculated At 3 Years Purchase Of Annual Profit Is? - Erudites Academy

The value of goodwill calculated at 3 years purchase of annual profit is?

by | Jun 3 | Accounting WAEC | 0 comments

Use the following information to answer the given question

year profit
2003 Le40,000
2004 Le48,000
2005 Le62,000

A. Le 450,000
B. Le 150,000
C. Le 50,000
D. Le 48,000

Correct Answer: Option C

C. Le 50,000

Users Also Read These:

Copyright warnings! Do not copy.

Earn Your Degree In 3 Years Without Writing UTME. Click Here To Learn More.