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 is the term used to describe the excess of the purchase price of a company over the net value of its tangible assets. It represents intangible assets such as brand reputation, customer relationships, and intellectual property.

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