The Following Information (In Thousands) Is for Zháng Office Supplies

question 102

Multiple Choice

The following information (in thousands) is for Zháng Office Supplies: Zháng Office Supplies
Statement of Financial Position
December 31, 2011
$\begin{array}{lrlr}\text { Trademark } &&& ¥ 70,000 & \text { Share Capital } & ¥ 120,000 \\\text { Land } & &¥ 90,000 && \text { Retained } & 250,000\\\text { Building } & ¥ 100,000&&&\text { Earnings }&¥ 370,000\\\text { Less Accum. }\\\text { Depreciation } & (20,000) & 80,000 & 170,000\\\text { Land held for }&&&75,000 &\text { Accounts } & 60,000\\\text { investment }&&&&\text { Pavable }\\\text { Prepaid Insurance } &&& 30,000 &\text { Salaries } & 10,000 \\\text { Inventory } &&& 70,000 & \text { Mortage } & 90,000\\&&&&\text { Payable }\\\text { Accounts }&&&50,000\\\text { Receivable }\\\text { Cash }&&&65,000&&160,000\\\text { Total Assets }&&&¥530,000&\text { Total Equity }&¥530,000\\&&&&\text { and Liabilities }\\\end{array}$ The total dollar amount of assets to be classified as investments is

• A) \(¥ 0\).
• B) \(¥150,000\).
• C) \(¥ 75,000\).
• D) \(¥ 180,000\).