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How does the factor ‘Location’ affect the goodwill of a firm?

  • Post category:Accountancy
  • Reading time:1 mins read

SOLUTION

Better location will attract more customers resulting in increase in sales and profits which in turn will result in increase in the value of goodwill.





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Previous PostWhy is ‘Goodwill’ considered an ‘Intangible Asset’ but not a ‘Fictitious Asset’? (ISC 2020)
Next PostHow does the factor ‘Efficiency of Management’ affect the goodwill of firm?

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