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An existing firm had assets of 400000 including cash of 15000. The partners capital accounts showed a balance of 300000 and reserves constituted the rest of return is 12% and the firm is valued at 50000 at 2.5 years purchases of super profits. Find the average profits of the firm? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about An existing firm had assets of 400000 including cash of 15000. The partners capital accounts showed a balance of 300000 and reserves constituted the rest of return is 12% and the firm is valued at 50000 at 2.5 years purchases of super profits. Find the average profits of the firm? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for An existing firm had assets of 400000 including cash of 15000. The partners capital accounts showed a balance of 300000 and reserves constituted the rest of return is 12% and the firm is valued at 50000 at 2.5 years purchases of super profits. Find the average profits of the firm?.

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