super profit method
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Explanation:
Under super profit method, goodwill is calculated on the basis of super profits. Super profit is calculated by subtracting normal profit from average profit. Hence, the formula of super profit is average profit - normal profit.
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Answer:
Under super profit method, goodwill is calculated on the basis of super profits. Super profit is calculated by subtracting normal profit from average profit. Hence, the formula of super profit is average profit - normal profit.
Explanation:
Pʟs ᴍᴀʀᴋ ᴀs ʙʀᴀɪɴʟɪᴀsᴛ ᴀɴᴅ ғᴏʟʟᴏᴡ ᴍᴇ✌️
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