Interested to Buy Any Domain ? << Click Here >> for more details...
What is goodwill? How do u calculate it?
- 6 Answers
- 14332 Views
- Capital IQ, I also Faced
- E-Mail Answers
Answer Posted / rahul dev
Goodwill is a thing which is not so easy to describe but in general words good-name, reputation and wide business connection which helps the business to earn more profits than the profit could be earned by a newly started business. The monetary value of the advantage of earning more profits is known as goodwill. Goodwill is an attractive force, which brings in customers to old place of business. Goodwill is an intangible but valuable asset. In a profitable concern it is not a fictitious asset.
| Is This Answer Correct ? | 18 Yes | 2 No |
Post New Answer View All Answers
What type of entry after consignment business starting?
What is Balance of merchandise trade?
What are the loan products of State bank of India?
Give key differences between BSE and NSE?
Define E- Commerce?
A system of 'fiat money' is being used in india. What is that?
how to invest in mutual fund? what is bita & how it is calculated?
Explain retained earnings/ ploughed back profits.
What is operating ratio?
What is Pradhan Mantri Jan Dhan Yojana?
DOW stock exchange belongs to which country?
What is the situation of farmers in least developed countries?
What Entry Will Be Passed if Shares Are Issued at Premium?
Name the highest civilian award in India?
What is the post- dated cheque?
