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Home › CBSE Class 12 (Commerce) › Accountancy › Accounting for Partnership Firms: Change in Profit-Sharing Ratio and Admission of a Partner › A well-managed concern with high productivity an…

A well-managed concern with high productivity and cost efficiency tends to have what?

AZero goodwill
BLower goodwill
CFixed goodwill
DHigher goodwill
Answer & Solution
Correct answer: D. Higher goodwill
Efficient management lifts profits, and higher profits lead to higher goodwill.
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