Multiple Choice
When Josh sold his Internet auction site to eBay, he received $2,000,000 more than the total value of his assets as listed on his balance sheet. How will eBay classify this $2,000,000?
A) Goodwill
B) Reputation
C) Equipment
D) Research and development
E) Retained earnings
Correct Answer:
Verified
Correct Answer:
Verified
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