Goodwill is ___________________ asset *
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Answer:
Goodwill is an intangible asset
Explanation:
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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Goodwill is an intangible asset
For more information
Goodwill is considered as an intangible (or non-current) asset because it is not a physical asset like buildings or equipment.
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