Use the Following Information for Questions
Metzger Company Compiled

question 67

Multiple Choice

Use the following information for questions
Metzger Company compiled the following financial information as of December 31, 2011: $$\begin{array} { l r } \text { Revenues } & € 140,000 \\\text { Retained earnings } ( 1 / 1 / 11 ) & 70,000 \\\text { Equipment } & 40,000 \\\text { Expenses } & 125,000 \\\text { Cash } & 35,000 \\\text { Dividends } & 10,000 \\\text { Supplies } & 5,000 \\\text { Accounts payable } & 20,000 \\\text { Accounts receivable } & 15,000 \\\text { Share capital ordinary } & 25,000\end{array}$$
-Metzger's assets on December 31, 2011 are

• A)€235,000.
• B)€170,000.
• C)€80,000.
• D)€95,000.

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