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Question 4.112 pts Following data relate to the number of children per household (HH). Consider a population of 36 HHs. HH# H
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Answer #1
a) Goodwill method
Calculation of Total Firm's capital as per book value
Old Partner's capital
Tamer $ 1,80,000.00
Lune $ 2,60,000.00
Nazra $ 3,00,000.00
Total $ 7,40,000.00
Add: New partner investment $ 1,20,000.00
Total Firm's capital $ 8,60,000.00
Calculation of New partner's capital
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