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Goodwill is an intangible asset associated with the purchase of one company by another. It represents the value that can give the acquiring company a competitive advantage.
The value of a company’s name, brand reputation, loyal customer base, solid customer service, good employee relations, and proprietary technology represent aspects of goodwill. And in my YouTube Channel's case, your love & support! ❤️
So whatever amount a company pays to acquire another company above its Net Asset Value (Value of Assets - Value of Liabilities) is considered as goodwill and this will be seen in the acquirer company's balance sheet under intangible assets.
Every LIKE, SHARE, COMMENT & SUBSCRIPTION is always appreciated.
Discount Brokers I Use for My Investments:
Join this channel to get access to perks:
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RECOMMENDED READING LIST:
Rich Dad Poor Dad (Personal finance book of all time)
The Millionaire Next Door (Great Read to know how money works)
One Up On Wall Street (Peter Lynch's Best Advice to Stock Market Beginners)
Think and Grow Rich (the ultimate book on money mindset and wealth)
The Little Book of Common Sense Investing (Awesome book on index funds)
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__________
DISCLAIMERS & DISCLOSURES
This content is for education and entertainment purposes only. I do not provide tax or investment advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal.
__________
SAY HI ON SOCIAL:
__________
#shorts #youtubeshorts #personalfinance
The value of a company’s name, brand reputation, loyal customer base, solid customer service, good employee relations, and proprietary technology represent aspects of goodwill. And in my YouTube Channel's case, your love & support! ❤️
So whatever amount a company pays to acquire another company above its Net Asset Value (Value of Assets - Value of Liabilities) is considered as goodwill and this will be seen in the acquirer company's balance sheet under intangible assets.
Every LIKE, SHARE, COMMENT & SUBSCRIPTION is always appreciated.
Discount Brokers I Use for My Investments:
Join this channel to get access to perks:
----------------------------------------------------
RECOMMENDED READING LIST:
Rich Dad Poor Dad (Personal finance book of all time)
The Millionaire Next Door (Great Read to know how money works)
One Up On Wall Street (Peter Lynch's Best Advice to Stock Market Beginners)
Think and Grow Rich (the ultimate book on money mindset and wealth)
The Little Book of Common Sense Investing (Awesome book on index funds)
__________
__________
DISCLAIMERS & DISCLOSURES
This content is for education and entertainment purposes only. I do not provide tax or investment advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal.
__________
SAY HI ON SOCIAL:
__________
#shorts #youtubeshorts #personalfinance
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