what means by goodwill?

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what means by goodwill?..

Answer / tanvi arora

in simple words, goodwill is reputation of the company....

Is This Answer Correct ?    11 Yes 0 No

what means by goodwill?..

Answer / seswarca

good will represent the value of the business as it differ from books
in books shown only actual cost where as present market rate is different
take example of land

this goodwill arises in admission of partner or amalgamation or takeover

Is This Answer Correct ?    8 Yes 0 No

what means by goodwill?..

Answer / pradnya

GOODWILL IS AN INVISIBLE ASSET. IT SHOWS THE VALUE OF
GOODWILL OF THE COMPANY IN THE MARKET.

Is This Answer Correct ?    0 Yes 0 No

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