Which of the following is a method of calculating the value of goodwill when there is an admission of a new partner in the partnership firm?
A) Super profit Method
B) Revaluation Method
C) Average profit Method
D) Annuity Method
E) Capitalization Method

A, C, E

 It is extremely difficult to calculate the value of goodwill due to its nature as an intangible asset. The valuation of a partnership company's goodwill has been encouraged by different methods. A difference may exist between goodwill calculated by a method and goodwill calculated by another method. The existing partners and the new partner are therefore free to decide on a particular method of calculation of goodwill.
1. Average profit Method
2. Super profit method
3. Capitalization Method