distinguish between average profit and super profit method of valuation of goodwill and the tabular form

Dear student
Difference between average profit and super profit methods are:- 
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   Basis      Average profit        Super profit
1. Meaning It is average of the profits of past few years. It is excess of average profit over normal profit.
2. Normal rate of return Normal rate of return is not relevant in the calculation of average profit. Normal rate of return is considered while calculating the super profit.
3. Average capital employed Average capital employed is not considered while calculating average profit. Average capital employed is taken into account while calculating the super profit.
4. Formula for valuing goodwill Goodwill = Average profits X Number of years purchased Goodwill = Super profit X Number of years purchased

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