The excess amount that a firm gets over and above the market value of assets at the time of sale of its business is:
The excess amount that a firm gets over and above the market value of assets at the time of sale of its business is:
a) Profit
b) SuperProfit
c) Reserve
d) Goodwill
Anurag Pathak Changed status to publish April 16, 2023
Ans – d)
Explanation:-
The difference between the market value and realized value at the time of sale of business assets is goodwill.
Anurag Pathak Changed status to publish April 16, 2023
