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  3. goodwill is: a) the residual interest in the ass

Goodwill is: a) The residual interest in the assets of the entity after...

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Question

Accounting

Goodwill is:
a) The residual interest in the assets of the entity after deducting liabilities
b) An intangible asset that arises when one company acquires another for a price higher than the fair value of its net identifiable assets
c) The market value of a company's equity
d) The accumulated profits of a company over time

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