How to calculate goodwill according to the Proportionate method?

Answer:
it all depends on the nature of buissness for example a retail buisness

liquor store 4 to 5 times of gross reciepts

gas stations 30 times the net income

First answer by Aryanalim. Last edit by Aryanalim. Contributor trust: 1 [recommend contributor recommended]. Question popularity: 2 [recommend question].