English, asked by mohit1247, 1 year ago

signification of goodwill​

Answers

Answered by Kviinav
1

Definition: Goodwill is a company’s value that exceeds its assets minus its liabilities. In other words, goodwill shows that a business has value beyond its actually physical assets and liabilities. This value can be created from the excellence of management, customer loyalty, brand recognition, favorable location, or even the quality of employees. Anything that adds value to the company beyond its excess assets over liabilities is considered goodwill.

Answered by Fungma
1

Answer:

Explanation:Goodwill makes us independent.it makes our future bright.

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