Question

Ans. Super profit 12,000, UN
You are required to calculate goodwill of the firm by
a) Super profit method on the basis of three years purchase.
Capitalisation method (both super profit & average profit).
Ans. Value of goodwill (a)* 7,500 (b) 25,000).
Questions
JECTIVE TYPE QUESTIONS (CARRYING 1 MARK)
ple Choice Questions (MCQs)
Goodwill is:
(a) is intangible Asset
(b) A Current Asset
of super protit * 48,000, on the basis of capitalization of super profit? 1.25:33
20 Super Profie Method/Capitalisation Method) A firm earns a pro
year. The average capital employed in the business by the firm is ? 2558
maite of return on the capital employed in similar business is 10%.​

Answer 1

Answer:

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