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प्रश्न
A and B are partners. They admit C for `1/4"th"` share in profits. For this purpose goodwill is to be valued at three year’s purchase of super profits.
Following information is provided to you:
| ₹ | |
| A’s Capital | 5,00,000 |
| B’s Capital | 4,00,000 |
| General Reserve | 1,50,000 |
| Profit and Loss A/c (Cr.) | 30,000 |
| Sundry Assets | 12,00,000 |
The normal rate of return is 15% p.a. Average Profits are ₹ 2,00,000 per year. You are required to calculate C’s share of goodwill.
Hint: Sundry Assets will be ignored.
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उत्तर
Calculation of Normal Profit of the firm:
Capital Employed = A’s Capital + B’s Capital + General Reserve + Profit and loss A/c (Cr.)
= ₹ 5,00,000 + ₹ 4,00,000 + ₹ 1,50,000 + ₹ 30,000
= ₹ 10,80,000
Normal Profit = Capital Employed × Normal rate of return
= 10,80,000 × 15%
= ₹ 1,62,000
Calculation of C’s share of goodwill:
Super Profit = Average Profit – Normal Profit
= ₹ 2,00,000 – 1,62,000
= ₹ 38,000
Goodwill of the firm = Super Profit × 3 year’s Purchase
= ₹ 38,000 × 3
= ₹ 1,14,000
C’s share of Goodwill = `1,14,000xx 1/4`
= ₹ 28,500
