Retirement or D...

From the following information calculate the value of goodwill.
The adjusted maintainable profit is Rs 40,000, Capital employed is Rs 2,00,000, Normal rate of return is $15\%$, Capitalization rate is $20\%$.

When required amount of premium for goodwill is not brought in by new partner, goodwill account is created in the books of the firm by debiting goodwill account and crediting partners capital account in ______.

Find the goodwill of the firm using capitalization method from the following information:
Capital employed $Rs.4,80,000$;
Rate of normal return - $15\%$; 
Profits for the year $Rs.90,000$.

The amount that the incoming partner pays for goodwill is known as ____________.

Which of the following formula is/are used for valuation of goodwill under super profit basis? 

A & B are partners sharing profit & losses in the ratio of 3:2. They take C as a partner for 1/4th share. Calculate future profit sharing ratio.

A,B & C Care sharing profits in $4:3:2$ ratio. B retires. In A & C shares profits of B in $5:3$, then find the new profit sharing ratio.

In which of the following case the need for the valuation of goodwill in a firm may arise?
(I) Admission of new partner
(II) While changing profit sharing ratio
(III) Retirement of partner
(IV) death of partner
Select the correct answer from the options given below 

R & S are in partnership sharing profit and losses at the ratio 3:2. They take T as a new partner. Calculate the new profit sharing ratio. If T purchases 1/10th share from R.

A, B & C are equal partners. D is admitted to the firm for one-fourth share. D brings Rs 40,000 capital and Rs 10,000 being half of the premium for goodwill. The value of goodwill of the firm is ________.