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Class 12 · Accountancy

How is a one time loss due to an old strike treated in goodwill valuation?

Class 12 · Accountancy

The firm is expected to save ₹18,000 on insurance expenses every year in the future. What will be the effect on adjusted profit for goodwill valuation?

Class 12 · Accountancy

Additional advertisement expense of (₹25000) will be incurred every year in future. What will be its effect on average profit for goodwill valuation?

Class 12 · Accountancy

A firm's profits for the last three years were ₹70,000, ₹88,000 and ₹92,000, respectively. The third year's profit includes an abnormal loss of ₹12,000. What adjusted profit should be considered for calculating goodwill?

Class 12 · Accountancy

Profits are ₹110000, ₹90000 and ₹130000. The first year included abnormal profit of ₹20000. What is the correct average profit?

Class 12 · Accountancy

If average profit is more than normal profit what does it indicate?

Class 12 · Accountancy

The average profit of a firm is ₹1,80,000, its normal rate of return is 12%, and its actual capital employed is ₹12,80,000. What is the goodwill of the firm by the capitalisation of average profit method?

Class 12 · Accountancy

The super profit is ₹50,000 and the normal rate of return is 20%. What is the value of goodwill under the capitalization of super profit method?

Class 12 · Accountancy

Super profit is (₹45000) and goodwill is valued at (2) years purchase. What is goodwill?

Class 12 · Accountancy

Capital employed is ₹750000 and normal rate of return is 12%. What is normal profit?

Class 12 · Accountancy

If the average profit is ₹1,40,000 and the normal profit is ₹1,05,000, what will be the super profit?

Class 12 · Accountancy

Profits are ₹60000, ₹80000 and ₹90000, and weights are 1:2:4. What is the approximate weighted average profit?

Class 12 · Accountancy

The average profit is ₹92,000, and goodwill is valued at 3 years’ purchase. What is the value of goodwill?

Class 12 · Accountancy

The profits for three years are ₹65,000, ₹75,000 and ₹1,00,000, respectively. What is the average profit?

Class 12 · Accountancy

What is the main difference between self generated goodwill and purchased goodwill?

Class 12 · Accountancy

Why can goodwill give a business more value than a normal firm?

Class 12 · Accountancy

C brings capital of (₹120000) for (1/5) share. On this basis total capital of the firm is taken as (₹600000), while actual adjusted capital is (₹480000). What will be hidden goodwill?

Class 12 · Accountancy

If a new partner brings only capital but not goodwill amount separately how can old partners be given goodwill?

Class 12 · Accountancy

What is the main purpose of adjusting past profits in goodwill valuation?

Class 12 · Accountancy

If a firm's average profit is consistently higher than its normal profit, what does this indicate?