Multiple Choice
The main reason a buyer purchases an existing business is for:
A) its future income and profits for earning potential.
B) its customer base and access to those customers.
C) its tangible assets and the ability to liquidate those assets.
D) its goodwill.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q47: A creditor's claim against an asset is
Q95: Goodwill is the difference between an established,successful
Q114: A valuation method that is more realistic
Q115: _ gives owners the security of a
Q116: In a business sale, a letter of
Q117: The practice of taking money from sales
Q121: You are considering purchasing Babcock Office Supply.
Q122: The balance sheet technique is one of
Q123: Explain what the buyer and the seller
Q124: When evaluating the financial position of a