ABC Corporation has 7,500,000 in invested capital. Its weighted Javerage cost of capital is 16%. Annual earnings are expected to be at 1,500,000. After operating for 25 years, it will be closed. Based on these information, how much is the goodwill of the firm?

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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ABC Corporation has 7,500,000 in invested capital. Its weighted Javerage cost of capital is 16%. Annual earnings are expected to be at 1,500,000. After operating for 25 years, it will be closed. Based on these information, how much is the goodwill of the firm?

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