Which type of goodwill considered best
Answers
Goodwill (accounting) Goodwill in accounting is an intangible asset that arises when a buyer acquires an existing business. Examples of identifiable assets that are not goodwill include a company's brand name, customer relationships, artistic intangible assets, and any patents or proprietary technology 3.0
Answer:
Goodwill Classification
Explanation:
Goodwill is an intangible asset emerging throughout the acquisition of one business by another business. It is representative of the non-fiscal assets of an association. Goodwill is a type of unidentifiable asset.
The Classification of Goodwill
It is fascinating to think about the order of Goodwill dependent on customer conduct. This hypothesis was first instituted by P.D. Leake in 1921. He likewise characterizes goodwill as pursues: "the correct which becomes out of a wide range of past exertion in looking for benefit, an expansion of significant worth or different points of interest".
- DOG GOODWILL
- CAT GOODWILL
- RAT GOODWILL
- RABBIT GOODWILL
Cat Goodwill considered the best goodwill. In Cat Goodwill the customers are progressively loyal and to the brand or the organization. The board or authority groups don't concern them.