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Turner Company reported assets of $ 2 0 , 0 0 0 ( including cash of $ 9 , 0 0 0 ) , liabilities
Turner Company reported assets of $including cash of $ liabilities of $ common stock of
Based on this information, what can be concluded?
Multiple Choice
of Turner's assets are the result of prior earnings.
$ is the maximum dividend that can be paid to shareholders.
of Turner's assets are the result of borrowing from creditors.
of Turner's assets are from nrior earnings. $ is the maximum nossible dividend and of asse
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