In intangible assest, patents ,trade marks,copy rights we
can feel or some thing can be done but what about goodwill?
Answers were Sorted based on User's Feedback
Goodwill is considered as an intangible asset. Goodwill
means the name and fame and reputation of a company.
Through goodwill a company can get good recognition in the
market and it can easily secure loans from the financial
institution for its expansion and other activites.
| Is This Answer Correct ? | 8 Yes | 0 No |
Answer / chaithanya
gOOD WILL IS INTANGIBLE ASSET. IT IS IS GOOD NAME OF THE
COMPANY
| Is This Answer Correct ? | 6 Yes | 3 No |
Answer / prakash
goodwill is intangible assest and good will is calculated
depending on the company past events
| Is This Answer Correct ? | 4 Yes | 3 No |
Answer / gaurav
good will is an intangiable asset which created by any
entity over the period of time and at the time of selling
of entity it should also fetch amount from it's selling.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / narasimha rao
GOODWILL IS THE REPITATION AND BRAND NAME OF THE COMPANY
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / s.srinu
Good will is the intangible asset
Means Brand & name of the company
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / s.kumar
Goodwill is an intangible asset.
it means credit and reputation of the company in the market
and through easily acquire loan and others activities from
market
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / pradeep gunuguntla
The value of reputation of business / person by the name or
fame is called good will. it is a intangible fixed asset..
it is we can't touch, felt, seen but measured in value.
| Is This Answer Correct ? | 0 Yes | 0 No |
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