Use the following information to answer this question
| Year | ₦ |
| 1991 1992 1993 1994 | 14,000 24,000 10,000 16,000 |
It has been decided to value goodwill at 2 years purchase of average profit for the past 4 years. The value of goodwill is
A
32,000
B
16000
C
30000
D64,000
Answer is A
