If the Notes Payable Balance Is $25,000,then the Total Assets

question 51

Multiple Choice

If the Notes Payable balance is $25,000,then the total assets of Gordon,Inc.at December 31,2018 amount to:

• A)$ 27,500.
• B)$152,500.
• C)$120,000.
• D)$165,000.

---

Definitions:

Adaptive Selling

A sales technique where the approach is tailored to the needs, wants, or interests of the customer, using feedback and interaction cues.

Formula Selling

A predefined sales technique or approach that follows a specific sequence or set of principles.

Upselling

A sales technique where the seller encourages the customer to purchase a higher-end product, an upgrade, or an additional item to make a more profitable sale.

Relationship Selling

A sales technique that prioritizes building a long-term relationship with customers rather than focusing solely on the immediate sale.