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hi mike
what is GOOD WILL IN LAY MAN TERMS and the difference between intangible asset and good willGoodwill is the value of an intangible asset – it’s sometimes referred to as the value of old established customers returning
It’s, I suppose, the value of the good name of the company, it’s reputation
The difference between intangible assets and goodwill?
All elephants are animals but not all animals are elephants
Does that explain it? (It should!)
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