Business

12th

grade

Image

Accountancy

33
plays

15 questions

Show Answers
See Preview
  • 1. Fill in the Blank
    20 seconds
    1 pt

    When profits shows a growth trend we should use ............ Average Profits to calculate goodwill.

  • 2. Fill in the Blank
    20 seconds
    1 pt

    Capital invested in a firm is 5,00,000.Normal rate of return is 10% .Average profit of the firm are 64,000(after an abnormal loss of 4,000).Value of goodwill at four times the super profits will be:

  • 3. Fill in the Blank
    20 seconds
    1 pt

    The excess amount which the firm can get on selling its assets over and above the saleable value of its assets is called :

  • Answer choices
    Tags
    Answer choices
    Tags

    Explore all questions with a free account

    Already have an account?