10 Turner Company reported assets of $20,000 (including cash of $9,000), liabilities of $8,000, common stock of $7,000, and retained earnings of $5,000. Based on this information, what can be concluded? Multiple Choice $5,000 is the maximum dividend that can be paid to shareholders. 25% of Turner's assets are from prior earnings, $5,000 is the maximum possible dividend, and 40% of assets are the result of borrowed resources. 25% of Turner's assets are the result of prior earnings. 40% of Turner's assets are the result of borrowing from creditors.

Turner Company reported assets of $20,000 fincluding cash of $9,000 ). liabilties of $8,000, common stock of $7,000, and retained earning of $5,000, Based on this information, what can be concluded? Multole Choice 55000 is the maxmum dividend that can be pad to shareholders 25 of Turners astets we the iesult of prior earangs tos of Turners sssets are the iesuit of bornowng from creditors