Question

Purpose of valuation of goodwill

Answer 1

the purpose of valuation of goodwill is that the value of business in the market and society . in that case for calculate the efficient running of the that goodwill is represent the value of business in the society . the main purpose of valuation of goodwill is taking into consideration the all properties of business and all assets and main things of the business . without goodwill a business cannot achieve its goal and not stay in the market . that's why a business for its staying and long term running the business must have its goodwill in the market.