Which methods of valuation of Goodwill
A) Super profits
B) Average profits
C) Both
D) None
Correct Answer:
Verified
Q13: The profits of the last three years
Q14: What do you mean by Super Profit
A)Average
Q15: The excess of Average profit over normal
Q16: The monetary value of reputation of business
Q17: The profits of the last three years
Q19: Goodwill is an intangible Assets
A)True
B)False
C)none
D)all
Q20: Goodwill be purchased
A)True
B)False
C)none
D)all
Q21: Goodwill will have no effect on business
Q22: What is Royalty?
A)A payment is made for
Q23: Mining Royalty is based on
A)Production
B)Sales
C)Purchase
D)Both A and
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