Question

The excess amount which the firm
can get on selling its assets over and
above the saleable value of its assets
is called
Surplus
Super profits
Reserve
Goodwill​

Answer 1

Answer:

goodwill

Explanation:

goodwill is the right option

Answer 2

The excess amount which the firm can get on selling its assets over and above the saleable value of its assets is called Goodwill.

Explanation:

• The amount paid in excess is referred to as goodwill. Unlike tangible assets such as buildings and equipment, goodwill is an intangible asset that appears on the acquirer's balance sheet under long-term assets.
• It can't be sold or transferred without the rest of the company.
• Companies must review the value of goodwill on their financial statements at least once a year and record any impairments.
• Intangible assets such as goodwill are unusual in that they have an endless life span, whereas most other intangible assets have a finite useful life.