What is goodwill? How do u calculate it?
Answer Posted / akanksha saini
Goodwill was originally used to reflect the fact that an
ongoing business had some "prudent value" beyond its assets,
such as the reputation the firm enjoyed with its clients.
Likewise, a buyer may agree to "overpay" because he sees
potential synergy with his own business. The accounting sense
of goodwill followed as a possible explanation of why a firm
sells for more than the value of its current assets.
| Is This Answer Correct ? | 5 Yes | 2 No |
Post New Answer View All Answers
Classify Company With Respect to Liability?
What are the various risks the banks face?
What does wacc mean?
What is a deferred tax asset?what is bank? What are the types of banks?
Name some negotiable instruments.
What is the use of Balance Sheet?
What are the advantages of equity financing over debt financing?
Does The Stress Test Account For The Impact Of The Outcome Of The Referendum In The United Kingdom On Eu Membership?
What is 'capital budget'?
comment calculer p/v a la bourse
What is the role of SMEs in boosting the Indian Economy?
What Is Cd (certificate Of Deposits) Account?
Why should we give this job to you?
How often do you use social networking sites?
How will banks help in improving the economy?