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P1 C3 VALUATION OF GOODWILL — Elements of Account STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceElements of AccountP1 C3 VALUATION OF GOODWILL1 Mark
MCQ
What is meant by average profit value based on expected rate of return?
  • A
    Goodwill
  • B
    Super profit
  • C
    Average profit
  • ✓
    Capitalized profit
✓

Answer

Correct option: D.
Capitalized profit

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