Question on: SS2 Accounting - Goodwill: Meaning
When does Goodwill arise?
View related lesson
A
When a business is sold for a price that is equal to the value of its net tangible assets
B
When a business is sold for a price that is lower than the value of its net tangible assets
C
When a business is sold for a price that is higher than the value of its net tangible assets
D
When a business does not have any tangible assets
Ask EduPadi AI for a detailed answer
Correct Option: C
Add your answer
Please share this, thanks!
No responses