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Why goodwill is called intangible asset? Explain

Why goodwill is called intangible asset? Explain

by Md Mahfuzur Rahman -
Number of replies: 1

Indomitable asset is a asset that has no physical existence. Like real assets, you can't count them but they have current and future value .. like franchise agreements, copyrights, trademarks. Etc.

In reply to Md Mahfuzur Rahman

Re: Why goodwill is called intangible asset? Explain

by Shahana Kabir -
Good observation.Thanks for response.