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प्रश्न
| Jeevan and Kavi were partners in a firm with capitals of ₹ 12,00,000 and ₹ 15,00,000 respectively. Annual salary of the partners was ₹ 2,00,000 each. The market rate of interest was 10%. During the previous three years the profits were ₹ 8,00,000, ₹ 9,00,000 and ₹ 7,00,000. The goodwill of the firm is to be valued at 2 years' pruchase of last 3 years' average super profits. |
Calculate the goodwill of the firm.
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उत्तर
1. Calculation of Average Actual Profit
Total Profits = 8,00,000 + 9,00,000 + 7,00,000 = 24,00,000
Average Actual Profit = `(24,00,000)/(3 "years") = 8,00,000`
2. Calculation of Normal Profit
Total Capital Employed: 12,00,000 (Jeevan) + 15,00,000 (Kavi) = 27,00, 000
Interest on Capital (Market Rate): 27,00,000 × 10% = 2,70,000
Total Partners' Salary: 2,00,000 × 2 partners = 4,00,000
Total Normal Profit Required:
Normal Profit = Interest on Capital + Partners’ Salary
Normal Profit = 2,70,000 + 4,00,000 = 6,70,000
3. Calculation of Super Profit
Super Profit = Average Actual Profit − Normal Profit
Super Profit = 8,00,000 − 6,70,000 = 1,30,000
4. Calculation of Goodwill
Goodwill = Super Profit x Number of Years’ Purchase
Goodwill = 1,30,000 × 2 = 2,60,000
