Question

weighted average methods of calculating good will is used when
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Answer 1

Answer:

$\huge\rm\underline\purple{Answer :-}$

Weighted average profit method is used to evaluate the Goodwill when there is an increasing on decreasing trend in past year profits of the firm. In such situation, it is considered to be better to give a higher weightage to the profits to the recent years than those of the earlier years.

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