How does the market situation affect the value of goodwill of a firm? Post category:Accountancy Reading time:1 mins read SOLUTION The monopoly condition or limited competition enables the concern to earn high profits which leads to higher value of goodwill. Please Share This Share this content Opens in a new window Twitter Opens in a new window Facebook Opens in a new window Google+ Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostHow does the factor ‘quality of product’ affect the goodwill of a firm? Next PostHow does the market situation affect the value of goodwill of a firm? You Might Also Like Can Current Ratio and Quick Ratio be same at any moment? October 3, 2022 The capital accounts of Tisha and Divya showed credit balances of 10,00,000 and 7,50,000 respectively after taking into account drawings and net profit of Rs. 5,00,000. The drawings of the partners during the year 2021-22 were:(i) Tisha withdrew 25,000 at the end of each quarter.(ii) Divya’s drawings were: October 11, 2022 Enumerate two main steps involved in valuing the goodwill according to super profit method. September 26, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
The capital accounts of Tisha and Divya showed credit balances of 10,00,000 and 7,50,000 respectively after taking into account drawings and net profit of Rs. 5,00,000. The drawings of the partners during the year 2021-22 were:(i) Tisha withdrew 25,000 at the end of each quarter.(ii) Divya’s drawings were: October 11, 2022
Enumerate two main steps involved in valuing the goodwill according to super profit method. September 26, 2022