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Temitope lawal
on Nov 09, 2024

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The difference between the purchase price of a company and the net value of the tangible assets is called ______.

A) asset value
B) profit
C) goodwill
D) liquidation value

Goodwill

Represents the intangible value of a business, such as reputation or brand identity, that may influence its earnings.

Purchase Price

The amount of money paid by a buyer to acquire a product or service.

Net Value

The remaining value of an asset after deducting costs or liabilities associated with it.

  • Acknowledge the principle and significance of goodwill in corporate transactions.
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JK
Jewel KnightNov 12, 2024
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