If the amount of super profit is negative ,what des it indicate
A) There is no goodwill
B) There is average goodwill
C) Both
D) None
Correct Answer:
Verified
Q3: If Average Profit of a certain firm
Q4: Goodwill is defined as
A)Intangible asset
B)Fictitious asset
C)Current asset
D)Current
Q5: Weighted average method of calculating goodwill is
Q6: The total capital employed in the company
Q7: A firm earns ?1,00,000. The normal rate
Q9: Which goodwill is recorded in the books
Q10: When does need valuation of Goodwill
A)On retirement
Q11: Which methods of valuation of Goodwill
A)Super Profit
B)Capitalization
C)Average
Q12: Which factor affecting th value of Goodwill
A)Quality
Q13: The profits of the last three years
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