FACTOID # 6: Michigan is ranked 22nd in land area, but since 41.27% of the state is composed of water, it jumps to 11th place in total area.
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Encyclopedia > Goodwill
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Goodwill may refer to: Wikipedia does not have an article with this exact name. ... Wiktionary (a portmanteau of wiki and dictionary) is a multilingual, Web-based project to create a free content dictionary, available in over 150 languages. ...

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Encyclopedia4U - Goodwill - Encyclopedia Article (210 words)
Goodwill is an accounting concept that describes the value of a business entity not directly attributable to its physical assets and liabilities.
Goodwill is often included on a Balance Sheet as an asset, but its valuation may be suspect if supporting evidence like an independent survey is missing.
Goodwill is forced onto the balance sheet when a company is purchased for more than the sum of the value of the assets of the company.
Goodwill (705 words)
Although these factors that contribute to goodwill do not necessarily have an assignable value, they nonetheless add to the overall value of the business by convincing the purchaser that the company will be able to generate abnormally high future earnings.
Although goodwill undoubtedly has value, it is still an intangible asset and as such is not recorded on a company's books.
First, since goodwill is sometimes a huge component of a company's acquisition price (particularly in the case of large public companies), the amortization of goodwill can have a significant negative effect on the purchaser's net income.
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