Question : The value of goodwill can be defined as excess of amount paid for business over and above its ________

Option 1: Total Assets

Option 2: Current Assets

Option 3: Net Worth

Option 4: Working Capital

Question : The excess amount which the firm can get on selling its assets over and above the saleable value of its assets is called

Option 1: Surplus

Option 2: Reserve

Option 3: Super Profits

Option 4: Goodwill

Question : It is defined as excess of current assets over current liabilities. Which concept is highlighted in the given statement?

Option 1: Fixed capital

Option 2: Working capital

Option 3: Captian structure

Option 4: None of the above

Question : Net Assets + goodwill is 

Option 1: Purchases consideration 

Option 2: Total assets

Option 3: Capital reserve

Option 4: Current assets 

Question : A firm has a Current Ratio of 3.5: 1 and a Quick Ratio of 2: 1. If its inventory is Rs.75,000, total current assets and total current liabilities are

Option 1: Current assets Rs 2,16,000 and current liabilities Rs 48,000

Option 2: Current assets Rs 1,08,000 and current liabilities Rs 24.000

Option 3: Current assets Rs 1,75,000 and current liabilities Rs 50,000

Option 4: None of the above