Weighted average method of calculating goodwill is used when
A) Profits are not equal
B) Profits show an increasing or decreasing trend
C) Profits are Fluctuating
D) None of the Above
Correct Answer:
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Q1: Goodwill is defined as
A)Intangible asset
B)Fictitious asset
C)Current asset
D)Liquid
Q2: Break-even indicates
A)Revenues are more than cost
B)Revenues and
Q3: The excess amount which the firm can
Q4: A firm's goodwill is not affected by
A)Location
Q6: Under the capitalisation method, the formula for
Q7: The total capital employed in the company
Q8: A firm earns ?1,00,000. The normal rate
Q9: When there is a change in the
Q10: Goodwill is nothing more than probability that
Q11: Goodwill is to be calculated at one
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