what is good will
Answers were Sorted based on User's Feedback
Answer / pradeep gunuguntla
The value of reputation of business / person by name or fame
is called good will. it is intangible fixed asset.
Is This Answer Correct ? | 35 Yes | 0 No |
Answer / kalyan
goodwill means positive hope about a company in the market.
for ex:if a company is performing very good in mkt.that
company has goodwill in mkt.if any new partner is entering
into the business,that person is asked to pay some amount as
goodwill other than capital as he is enjoying posotion of
company
Is This Answer Correct ? | 16 Yes | 1 No |
Answer / shahabuddin
Goodwil means the value of reputation of business / person
by name or fame is called good will. it is intangible fixed
asset.For exampal if a company is performing very good in
marke that company has goodwill in market.
Is This Answer Correct ? | 3 Yes | 1 No |
Answer / abdullah amer
Good will is the name of and position of the company
in the market.Good will is a fixed asset in the company.
Is This Answer Correct ? | 3 Yes | 1 No |
Answer / siddaraja2020
good will is value of the reputation of the firm.it is
expected to higher sales.
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / sangu ramui
TEH PRESENT VALUE OF ANTICIPATED EXCESS EARNINGS IS CALLED
GOOD WILL
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / nagarjuna
The present value of anticipated excess earnings. It is an
intangible asset arises from trade name etc.
Is This Answer Correct ? | 1 Yes | 1 No |
Answer / naveen agarwal
GOOD WILL MEAN THE VALUE WHICH CREATE IN MIND OF PEAPLE BY
DELIVERING THE QUALITY OF GOODS AND SERVICES.
EXAMPLE : TATA ,BRILAS RELIANCE
ETC...........................................
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / deepika pattanaik
unseen asset known as good will e.g trade mark, copy right,
patient,etc.
Is This Answer Correct ? | 2 Yes | 3 No |
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