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Board Question Paper : August 2020 — Elements of Account STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceElements of AccountBoard Question Paper : August 20201 Mark
MCQ
Which method is appropriate for the computation of goodwill when every year profit is increasing ?
  • A
    Simple average
  • ✓
    Weighted average
  • C
    Annual growth rate
  • D
    Compound growth rate
✓

Answer

Correct option: B.
Weighted average

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