12th Class Accountancy Goodwill Question Bank MCQs - Goodwill : Nature And Valuation

  • question_answer
    A firm earns Rs.1,10,000. The normal rate of return is 10%. The assets of the firm amounted to Rs.11,00,000 and liabilities to Rs.1,00,000. Value of Goodwill by capitalization of Average Actual Profits will be:

    A) 2,00,000 

    B) 10,000 

    C) 5,000

    D) 1,00,000

    Correct Answer: D

    Solution :

    1,00,000


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