Negative Goodwill Definition
Below please find a definition of “Negative Goodwill”
Negative Goodwill: The profit that is generated when the price that is paid for acquiring an asset is less than the fair price of its net assets is termed as negative goodwill. Typically negative goodwill occurs under unfavorable conditions. On a balance sheet, the negative goodwill amount is entered at the top of the fixed assets.
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