12. Explain
Multiple choice Question:
1. Money value of the reputation of business concern.
a) patenad
b) working capital
\c) Goodwill
d) know-how
Answers
Answered by
2
Answer:
Answer: The monetary value of reputation of the business is called Goodwill.
Answered by
0
Answer:
C) goodwill
Explanation:
Business goodwill is the value found in your company's good name and recognition value. It is your business reputation apart from your personal goodwill. Business goodwill is enhanced by being in a growth industry that has strong financial ratios.
The goodwill is----Goodwill is an intangible asset that is associated with the purchase of one company by another. Specifically, goodwill is the portion of the purchase price that is higher than the sum of the net fair value of all of the assets purchased in the acquisition and the liabilities assumed in the process.
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