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Understanding Goodwill As An Asset or Liability


hausdok

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Last October we sold an established 50 year old business with a very respectable gross and net, a nice black ink balance sheet and 2,000 plus name active, quality customer list.

Goodwill accounted for zero point zero percent of the sale price.

My apologies to using Bluto's grade point average to stress the value of goodwill.

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