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

Question

Quizplus · Accepted Answer

Goodwill represents the difference between the purchase price of a company and the net value of its tangible assets. It reflects intangible assets such as brand reputation, customer relationships, and intellectual property.

The Difference Between the Purchase Price of a Company and the Net