Multiple Choice
Weighted average method of calculating goodwill is used when
A) Profits are not equal
B) Profits show a trend
C) Profits are fluctuating
D) None of the above
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q2: Patent Royalty is based on<br>A)Production<br>B)Sales<br>C)Purchase<br>D)Both A and
Q3: The total capital employed in the company
Q4: The profits of the last three years
Q5: What is Royalty?<br>A)A payment is made for
Q6: From the profits of previous three years,
Q7: The monetary value of reputation of business
Q8: A firm earns ?1,00,000. The normal rate
Q9: Goodwill is an intangible Assets<br>A)True<br>B)False<br>C)none<br>D)all
Q10: Goodwill be purchased<br>A)True<br>B)False<br>C)none<br>D)all
Q11: When does need valuation of Goodwill<br>A)On retirement