Accountancy, asked by ayatedarshana, 1 month ago

what is mean by valuation of good will​

Answers

Answered by garimasingh143
0

Answer:

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Explanation:

The valuation of goodwill is often based on the customs of the trade and generally calculated as number of year's purchase of average profits or super-profits. ... After calculating average profit, it is multiplied by a number (3 or 4 years), as agreed. The product will be the value of the goodwill.

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