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How does the factor Location affect …

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How does the factor Location affect the goodwill of a firm?

Posted by Reema Gadhiya 6 years, 9 months ago

CBSE > Class 12 > Accountancy

2 answers

Kavya Sekhar 6 years, 9 months ago

See if the shop is located in some reputed area people will go and buy the stuffs and ultimately gw of company will be increased. Likewise if the company is in rural area where the people are not so much interested in buying all stuffs so likewise gw is affected as the people in village are not going to spread a thing the deeds of company Hope u understand ????

Rajput Ruhi Ruhan 6 years, 9 months ago

If a business is located at a favourable place,resulting in good sale or in economies, the value of goodwill will be correspondingly higher

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