Accountancy, asked by choudharysb2004, 9 months ago

how the goodwill is valued under the capitalisation of super profit method

Answers

Answered by haridharshinikavitha
5

Answer:

capitalisation of super profit :

goodwill = super profit ×100/nrr

Explanation:

goodwill = super profit × 100/nrr

super profit = actual profit - normal profit

normal profit =capital employed × nrr/100

capital employed = assets - liability

( actual profits is nothing but actual average profit)

hope this is useful

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