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Super Profit Method

profits are t...

Question

profits are the profits which businesses can earn over and above the normal profits which other companies can make.

A

Normal

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B

Average

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C

Super

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D

Gross

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Solution

The correct option is C Super
Super profits are the profits which businesses can earn over and above the normal profits which other companies can make. This is used to calculate goodwill under super profit method.

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