Question

what is goodwill? how many types of goodwill?​

Answer 1

Explanation:

Goodwill is an intangible asset associated with the purchase of one company by another. ... The value of a company's brand name, solid customer base, good customer relations, good employee relations, and any patents or proprietary technology represent some examples of goodwill.

There are different types of goodwill, including (1) business or institutional goodwill and (2) personal or professional goodwill. Financial advisers are often asked to value these different types of goodwill for transaction, taxation, financial accounting, litiga- tion, and other purposes.

Answer 2

Answer:

Friendly ,helpful, or cooperative feelings or attitude is called goodwill.

There are two types of goodwill : purchased and inherent.

Explanation:

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