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Subject: Re: Goodwill | Date: 10/12/1999 12:27 AM | |
Author: jkm929 | Number: 384 of 2244 | |
A Random House dictionary gives the following definition of goodwill: an intangible, salable asset arising from the reputation of a business and its relations with its customers, distinct from the value of its stock, etc. It's a true asset if it positively affects the profitability of a business. |
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