what is goodwill?
goodwill what kind of asset for the company?tangible or
intangible asset?
how much improtant for the company?
Answers were Sorted based on User's Feedback
Answer / md asif ali
ans1:goodwill is an fixed asset(intangible asset)
though it can not be seen or touched but can be feel in the
form of repo of the company. goodwill gives benefit for
long period of time
ans2
good will: (accounting) an intangible asset valued
according to the advantage or reputation a business has
acquired (over and above its tangible assets)
good will: the friendly hope that something will succeed
grace: a disposition to kindness and compassion; "the
victor's grace in treating the vanquished"
ans3:
Goodwill arises when a company buys another business at a
price greater than the book value....more on Goodwill
| Is This Answer Correct ? | 17 Yes | 0 No |
Answer / sheetal kumar garg
goodwill means reputaion of the company. it is same thing
of intengible assets.those assets we can not seen and can
not touch that is called intengible asset.it is very
important to grow repo of the company.
| Is This Answer Correct ? | 6 Yes | 0 No |
Answer / litu
GOODWILL IS THE REPUTATION OF THE COMPANY,
IT IS AN INTANGIBLE ASSET,
IT IS MOSTLY IMPORTANT FOR THE COMPANY BECAUSE GOODWILL CREATE COMPANY'S BRAND IMAGE NOT ONLY IN THE MIND OF CUSTOMER BUT ALSO ALL OVER THE WORLD.
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / mk reddy
good will is the ficticious asset.it is an intangible asset.goodwill is the reputation of the company...
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / sajjad1
Good Will is nothing more then the profitabliity of Compny,
Its our Intangible fixed asset
comapny criteria depend on goodwill
| Is This Answer Correct ? | 0 Yes | 2 No |
Examples of automatic generated content material of car logbook loans?
why should the company give first perference to the perference shareholders?
Expand S E C
who is the pramotar?
what is the journal?
what is composition vat
what is the meaning of hedging?
From the following information you are to prepare a Cash Budget for the period from July to December 2008. (i) The estimated sales and expenses are as follows: June July Aug. Sep. Oct. Nov. Dec. Sales 35,000 40,000 40,000 50,000 50,000 60,000 65,000 Purchases 14,000 16,000 17,000 20,000 20,000 25,000 28,000 Wages & Salaries 12,000 14,000 14,000 18,000 18,000 20,000 22,000 Expenses 5,000 6,000 6,000 6,000 7,000 7,000 7,000 Interest Received 2,000 - - 2,000 - - 2,000 Sale of Fixed Assets - - 20,000 - - - - (ii) Sales are 20% in cash and balance on credit. 50% of the debtors are collected in the month of sales and the remaining in the next month. (iii) The time lag in payment of purchases and expenses is 1 month. However, wages and salaries are paid fortnightly with a time lag of 15 days. (iv) The company maintains a minimum cash balance of Rs. 5,000. The cash balance in excess of Rs. 7,000 is invested in government securities in multiples of Rs. 1,000. Short falls in cash balance are made good by borrowing from banks. The interest received as well as paid is to be ignored.
what is the Meaning W.D.V in balance sheet.
I work in a semi govt society. We purchased a flag for celebrating independence day in office premises . Plz tell me under what head / ledger of exp it comes
What is Accommodation Bill
most recently asked questions