Question

write the need for valuation of good will ​

Answer 1

Answer:

The buyer who pays for Goodwill expects that he will be able to earn super profits as compared to the profits earned by the other firms. ... Thus, in the context of a partnership firm, the need for valuation of goodwill arises at the time of: Change in the profit sharing ratio amongst the existing partners...

please follow me

Answer 2

Question :

Write the need for valuation of good will .

Answer:

• The buyer who pays for Goodwill expects that he will be able to earn super profits as compared to the profits earned by the other firms.
• Thus, in the context of a partnership firm, the need for valuation of goodwill arises at the time of: Change in the profit sharing ratio amongst the existing partners.