Unlocking the Secrets: iPhone 16 Series Revealed! AI, New Buttons, and Big Displays Unveiled! Are you eagerly awaiting the next big release from Apple? Brace yourself for the iPhone 16 series, where innovation meets anticipation. In this article, we'll delve into all the exciting details and leaks surrounding this highly anticipated release. AI Integration One of the most buzzed-about features of the iPhone 16 series is its enhanced AI capabilities. With advanced algorithms and machine learning, these phones promise to deliver a smarter, more intuitive user experience. From personalized recommendations to seamless voice commands, get ready to interact with your device like never before. New Button Dynamics Say goodbye to the conventional button layout! The iPhone 16 series is rumored to introduce a new button configuration that enhances functionality and usability. With the addition of an action button, users can expect quicker access to their favorite features and applications, m
Goodwill: Nature and Valuation Ts grewal solution volume-1 (2023-2024) part-2 Question 21: On 1st April, 2021, an existing firm had assets of ` 75,000 including cash of ` 5,000. Its creditors amounted to ` 5,000 on that date. The firm had a Reserve of ` 10,000 while Partners' Capital Accounts showed a balance of ` 60,000. If Normal Rate of Return is 20% and goodwill of the firm is valued at ` 24,000 at four years' purchase of super profit, find average profit per year of the existing firm. Answer: Average profit = total profit of past given years/number of years Capital Employed = Total Assets - Creditors = 75,000 -5,000 = ` 70,000 Normal Profit = Capital Employed×Rate of return/100 Normal Profit = 70,000×20/100 Normal Profit = 14,000 Goodwill of the firm = ` 24,000 Number of years’ purchase = 4 Goodwill= Super profit × no. of purchases years’ Or, 24,000 = Super Profit / 4 Super Profit =24,000/ 4 Super Profit = 6,000 Average profit = Normal profit + Super profit