(14) Goodwill
Very Short Answers Questions
1. How does factor quality of product affect the goodwill
of a firm?
2. How does market situation affect the value of
goodwill?
3. How does location affect the goodwill of a fever?
4. How does the nature of business affect the value of
goodwill?
5. Give any two features of Goodwill.
6. Write any two method of Goodwill.
7. …………….. - Normal Profit=Super Profit
8. Goodwill is a fictitious Assets. True/False.
9. Goodwill is a…..Assets.
10. Goodwill is salable Assets. True/False.
11. Normal Profit-Actual Profit=Super Profit. True/False.
12. Goodwill is an……….Assets, but not a…… Assets.
13. Super Profit is Excess of……over the normal profits.
14. Goodwill=Super Profit=100
……..
15. Tangible Trading Assets- Trading liabilities=……..
16. Goodwill is an intangible Assets. True/False.
17. What is meant by Super Profit?
18. What is Goodwill?
19. Goodwill is not affected by: (a) Location of the fir.
(b) Revaluation of
the firm (c) Better customers (d) Not
20. Goodwill is
current Assets. (True/False)
21. Goodwill= capitalized value of AV Profit__.......
22. Goodwill is not a valuable Assets. (True/False)
23. Match the following items:
|
(I) |
Old Ratio-New Ratio |
a |
Gaining Ratio |
|
(II) |
Goodwill |
b |
Fixed Assets |
|
(III) |
General Reserve |
c |
Credit Balance |
