What do you mean by Super Profit
A) Average profit - Normal profit
B) Total Profits/ No. of Years
C) Average profit + normal profits
D) None of the above
Correct Answer:
Verified
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
Q15: The excess of Average profit over normal
Q16: The monetary value of reputation of business
Q17: The profits of the last three years
Q18: Which methods of valuation of Goodwill
A)Super profits
B)Average
Q19: Goodwill is an intangible Assets
A)True
B)False
C)none
D)all
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