Accounting: Tools for Business Decision Making, 5th Edition

Published by Wiley
ISBN 10: 1118128168
ISBN 13: 978-1-11812-816-9

Chapter 9 - Reporting and Analyzing Long-Lived Assets - Questions: 18

Answer

Goodwill represents the value of all favorable attributes that relates to a company. Some of these attributes are:

Work Step by Step

1. Exceptional management 2. Desirable location 3. Good customer relations 4. Skilled employees 5. High quality products 6. Fair pricing policies 7. Harmonious relations with labor unions.
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