Accountancy, asked by siddharthjain3629, 11 hours ago

what is goodwill and its formula of valuation of goodwill

Answers

Answered by nayabali1307

0

Answer:

Goodwill is name and reputation of the organisation.

Explanation:

Goodwill is the name, fame and reputation of the in organisation.

Valuation of goodwill -

Goodwill = (Total of profit/No. of years) x Purchase year

Previous Question

Next Question

Similar questions

Chemistry, 6 hours ago

Convert 22gram of CO2 into moles...

English, 6 hours ago

Who is the narrator of ‘The Thief’s Story’? Following him discuss the influence of Arun on the ‘thief’ of the story.

English, 6 hours ago

What kind of adjective is strict vegetarian...

Math, 11 hours ago

please give this Answer...

History, 11 hours ago

Which Rashtrakuta ruler assumed the title of 'Param Bhattaraka'? (a) Dantidurga (b) Krishna l (c) Dhruva (d) Govinda Ill...

English, 8 months ago

Anemone is the most popular paragraph questions...

Physics, 8 months ago

Fill in the Blanks : 1. Light shows the phenomena of reflection , refraction and ........... 2. The speed of light in vacuum is ........ 3. Power of ' a lens is the of its focal length . 4. The SI unit of power is 5. A ......... lens will always give a virtual , erect and diminished image , irrespective of the position of the object . 6. A positive sign in the value of magnification indicates...

Math, 8 months ago

6. Identify each of the following as a variable or a constant Explain your choice. a) the number of cars in a school parking lot. b)the number of apples we eat in a year.