
Year: 2021


What is Goodwill in Accounting?
When you feel good about something, you’re usually willing to pay more for it. It’s the same concept when a company considers acquiring another. As a result, acquiring companies are often willing to pay a premium on the transaction. That extra is known as goodwill in accounting: the excess amount paid over the net worth of the acquired company.
Goodwill tends to represent the intangible, long-term assets from the acquisition of one company by another. The company’s brand-name best-selling products or its lengthy library of intellectual property. Whether that goodwill will actually amount to the premium paid for it is what …read more […]













What is a Mutual Fund?
Mutual funds are one of many different types of investment funds. They’re a basket of assets operated and managed by an investment company, priced and sold to the public on a daily basis. Investors choose to invest in these funds for many reasons—namely, because they’re stable, managed and use pooled funds to create leverage. Mutual funds are popular among the risk averse, those in or approaching retirement and those who want a true “set it and forget it” investing option.
If you’re new to investing and want a primer on mutual funds, keep reading. You’ll learn everything you need to …read more […]