Question

what do you mean by goodwill?​

Answer 1

Goodwill is an intangible asset that accounts for the excess purchase price of another company.

Items included in goodwill are proprietary or intellectual property and brand recognition, which are not easily quantifiable.

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Answer 2

Answer:

Goodwill is an intangible asset that accounts for the excess purchase price of another company. Items included in goodwill are proprietary or intellectual property and brand recognition, which are not easily quantifiable.

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