Valuation of Business

Calculate Value of Business According to Adjusted book value method.

1. Land & Building -270000
2. Plant & machinery-100000
3. Stocks-360000
4. Drs-160000
5. Bank O/D-10000
6. Creditors-80000
7. Provision for Tax-100000

At the end of F.Y land & Building valued at -280000

G/W-200000

Plant & Machinery-120000

Irrecoverable debtors-4000

Tax-35%

Calculate Value of Bs. According to Adjusted Book Value Method.