Price paid for goodwill depends upon the purchaers expectation of future A. Growth B. Profits C. None

Question:

Price paid for goodwill depends upon the purchaer’s expectation of future
A. Growth
B. Profits
C. None of these

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015

ISBN: 9789352605569

2nd Edition

Authors: M Hanif, A Mukherjee

See More Books

Question Posted: Aug 17, 2023 02:25 PM

See More Questions

Was this check a negotiable instrument? Was it for a definite amount? This Discussion will assess how well you understand the concept of negotiability. Begin by reading the facts of the case (Blasco...
You are planning a multi-day backpacking hiking trip with two of your friends to Wells Gray Provincial park, a remote provincial park in British Columbia known for its dozens of grand, majestic...
Which of the following assets are taken into account for current ratio? 1. Stock 2. Cash 3. Work in progress 4. Prepaid expenses A 1 and 2 B C D 2 and 3 1,2, and 3 All of the above
Find each limit in Problems 3760. Note that LHpitals rule does not apply to every problem, and some problems will require more than one application of LHpitals rule. lim x 3 x + 3xx - 3 X x + 6x + 9
Golden Flights, Inc., is considering buying some specialized machinery that would enable the company to obtain a six-year government contract for the design and engineering of a futuristic plane. The...
E Ltd has taxable total profits of 800,000 for the year to 31 March 2024 and receives no dividends. For many years, the company has owned 65% of the ordinary shares of F Ltd and 30% of the ordinary...
2-10. What is the implementation phase of the strategic marketing process?
Using the following information, compute cash flow from operating activities, cash flow from investing activities, and cash flow from financing activities. Cash Inflow (Outflow) (a) Cash received...
5 Oakton Furniture provided the following information relevant to its sales for December Year 1 and the first quarter of Year 2: 02:12:23 Dec. Jan. Year Feb. Year Mar. Year Year 1 2 2 2 (Actual)...
State the methods of accounting for Goodwill.
State the important factors to be taken into consideration in valuing Goodwill?
In the example below, use Excel to find an envelope portfolio whose with respect to the efficient portfolio y is zero. Notice that because the covariance is linear, so is : Suppose that z = x + (1 -...
What are factors which hamper the promotion of an entrepreneurial culture in South Africa?
Please Help P/R End Date 2/8/2019 Company Name: Prevosti Farms and Sugarhouse Check Date 2/13/2019 Tax Name M/S # of W/H Hourly Rate or Period # of Regular # of Overtime # of Holiday Wage Hours Hours...
Read the description of following adjustments that are required at the end of the accounting period for Hubbard Repair Services, a new firm. Determine the account and amount to be debited and the...
Jamie Lee and Ross, now 57 and still very active, have plenty of time on their hands now that the triplets are away at college. They both realized that time has just flown by; over twenty-four years...
Here are summary statistics for randomly selected weights of newborn girls: n = 36, x = 3180.6 g, s = 700.5 g. Use a confidence level of 99% to complete parts (a) through (d) below. a. Identify the...
Multiply 3.079 102m by 0.068 10-1 m, taking into account significant figures.
Differentiate the following terms/concepts: a. Personality types and money attitudes b. Planners and avoiders c. Moderating and adapting to biases d. "Perfectible judges" and "incorrigible judges"
Raw materials purchased is considered in the statement of Profit & Loss as: (a). Cost of materials consumed (b). Purchase of stock in trade (c). Changes in inventories (d). None of these
The following ledger balances were extracted from the books of Varun Ltd., as on 31 st March 2016: Land & Building 2,00,000; 12% Debentures 2,00,000; Share Capital 10,00,000 (equity shares of 10...
Write the format of statement of Profit & Loss as per Revised Schedule VI.
please help Problem 13-7 (Algo) Prepare a Statement of Cash Flows [LO13-1, LO13-2] [The following information applies to the questions displayed below.] Comparative financial statements for Weaver...
A firm has 1000 shareholders, each of whom own $59 in shares. The firm uses $28000 to repurchase shares. What percentage of the firm did each of the remaining shareholders own before the repurchase,...
Vancouver Bank agrees to lend $ 180,000 to Surrey Corp. on November 1, 2020 and the company signs a six-month, 6% note maturing on May 1, 2021. Surrey Corp. follows IFRS and has a December 31 fiscal...

Price paid for goodwill depends upon the purchaers expectation of future A. Growth B. Profits C. None

Question:

Step by Step Answer:

Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015

Students also viewed these Business questions