No it isn't. Selling a going concern is not liquidation. The buyer buys in anticipation of future profits. Why in the world would anyone pay up for the the good will over book value to then liquidate?
No it isn’t. Selling a going concern is not liquidation. The buyer buys in anticipation of future profits. Why in the world would anyone pay up for the the good will over book value to then liquidate?
You are right.
The buyer buys in anticipation of profits. And the seller sells his ability to make future profits for immediate cash. If that cash was reinvested in a more profitable venture, it might make sense. But it’s not. Our national debt is rising.
Our people are unemployed. We are losing the manufacturing capacity that makes us strong during war. And we are losing our technological edge
But we still have the biggest market. And we can use that to our advantage. We can restore the import tariffs that worked great for this country for 180 years.