What's the value? Book or Good Will?
Musings on Project Management
JULY 7, 2016
This really isn't a posting about accounting. But, when the accounting industry figured out that most businesses are worth a lot more than their salvage value, even more than the market value of tangible assets -- like inventory, buildings, and tools -- the accounants had to invent an asset and terminology to cover the gap. Invention: "Good will". It even sounds like it belongs in a.
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