chinmoy thakuria (Student) (42 Points)
27 April 2012While calculating Goodwill, When should we use capital employed and when to use Average capital employed?
Dont we always have to calculate avg capital employed because some of the solutions make out of capital employed not avg capital employed.
Pls Help!
CA Ganesh Agarwala
(Audit Senior Manager)
(239 Points)
Replied 04 May 2012
when you are using weighted avg FMP then use capital employed or closing capital employed and when you are using simple avg FMP then use avg closing capital employed.... my answer is excused if the question otherwise provide.....
CAclubindia
