P1 C3 VALUATION OF GOODWILL — Elements of Account STD 12 Commerce — Question
Gujarat BoardEnglish MediumSTD 12 CommerceElements of AccountP1 C3 VALUATION OF GOODWILL1 Mark
Question
State the methods for the valuation of goodwill.
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Answer
Following are the methods for the valuation of goodwill: $(1)$ Simple average profit method; $(2)$ Weighted average profit method; $(3)$ Capitalization of average profit method; $(4)$ Super profit method
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