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Question
Identify the factors affecting the value of goodwill:
| (i) | Stable demand | (a) | Favourable location |
| (ii) | Increased number of customers over a period of time | (b) | Longevity of business |
| (c) | Goods of daily use | ||
| (d) | Risk involved |
Match the Columns
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Solution
| (i) | Stable demand | (c) | Goods of daily use |
| (ii) | Increased number of customers over a period of time | (a) | Favourable location |
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