what is premium for goodwill
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Explanation:
Goodwill is an intangible asset that arises when one company purchases another for a premium value. Premium on Goodwill is the compensation paid by the incoming partner to the sacrificing partner.
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Answer:
Goodwill is an intangible asset that arises when one company purchases another for a premium value. ... Premium on Goodwill is the compensation paid by the incoming partner to the sacrificing partner.
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