1.
Tangible Assets of the firm are Rs. 14,00,000 and outside liabilities are Rs. 4,00,000. Profit of the firm is Rs. 1,50,000 and normal rate of return is 10%. The amount of Capital employed will be
1 out of 10
2.
The Goodwill of the firm is NOT affected by :
2 out of 10
3.
Capital employed by a partnership firm is ₹5,00,000. Its average profit is ₹60,000. The normal rate of return in similar type of business is 10%. What is the amount of super profits?
3 out of 10
4.
Weighted average method of calculating goodwill is used when :
4 out of 10
5.
Under the capitalisation method, the formula for calculating the goodwill is :
5 out of 10
6.
Total Capital employed in the firm is ₹8,00,000, reasonable rate of return is 15% and Profit for the year is ₹12,00,000. The value of goodwill of the firm as per capitalization method would be :
6 out of 10
7.
A firm earns ₹1,10,000. The normal rate of return is 10%. The assets of the firm amounted to ₹11,00,000 and liabilities to ₹1,00,000. Value of goodwill by capitalisation of Average Actual Profits will be :
7 out of 10
8.
If average capital employed in a firm is ₹8,00,000, average of actual profits is ₹1,80,000 and normal rate of return is10%, then value of goodwill as per capitalization of average profits is:
8 out of 10
9.
Super Profit is equal to ………..less…………...
9 out of 10
10.
The excess amount which the firm can get on selling its assets over and above the saleable value of its assets is called
10 out of 10
