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The December 31,2016 (pre-closing)adjusted trial balance for Kline Enterprises was as follows: Required: Assuming no income taxes,compute the following,and place your answer in the space provided:
-Kline's 12/31/16 total current assets:
Wants
Desires or wishes that people have for goods and services that can provide satisfaction or utility.
Personal Experience
Individual perception or encounter derived from one's own life events.
Marketing
The process of exploring, creating, and delivering value to meet the needs of a target market in terms of goods and services.
Needs
Fundamental requirements that motivate consumer behaviors and influence their purchasing decisions.
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