The Value of a Firm's Reputation, Location, Earning Capacity, and Other

question 95

Multiple Choice

The value of a firm's reputation, location, earning capacity, and other intangibles that make the business profitable is called its

• A) good character.
• B) franchise.
• C) goodwill.
• D) distinction.
• E) prestige.

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Definitions:

Disbursement Float

The time lag between when a check is written and when it is actually deducted from the payer's account.