Use This Information to Answer the Following Question

question 167

Multiple Choice

Use this information to answer the following question. Here is the balance sheet for Costello Container Company:
If the equipment were sold for $13,000,then the Jose Costello,Capital account would

• A)increase by $37,000.
• B)increase by $13,000.
• C)decrease by $13,000.
• D)stay the same.

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Definitions:

Target Market

A specific group of potential customers at whom a company aims its products and services.

Post-it Flag Highlighter

A stationery tool that combines the features of a highlighter and removable page markers for annotating and marking important information in documents.

Product Line

A group of related products marketed by the same company that function in a similar manner, are sold to the same customer groups, and marketed through the same types of outlets.

Marketing Concept

A business philosophy suggesting that to achieve organizational goals, a company must anticipate and satisfy customers' needs and wants better than its competitors.