_____ refers to the value of a business that exceeds the sum of the value of all individual assets but that cannot be sold separately from the business.

Question

Quizplus · Accepted Answer

Goodwill refers to the intangible value of a business, such as its reputation, relationships with customers, and brand recognition. It cannot be sold separately from the business and can contribute significantly to the overall value of a company. Collateral refers to assets that are pledged as security for a loan, inventory refers to goods and materials that a business holds for sale, and debt refers to money that a business owes to creditors.

_____ Refers to the Value of a Business That Exceeds