what is the meaning of good will in a business
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Goodwill arises when a company acquires another entire business. The amount of goodwill is the cost to purchase the businessminus the fair market value of the tangible assets, the intangible assets that can be identified, and the liabilities obtained in the purchase.
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Goodwill is an intangible asset that is associated with the purchase of one company by another. . .
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