The Following Information Is Given for Camino Company What Are the Company's Current Assets?
A)$220,000
B)$155,000
C)$130,000
D)

question 192

Multiple Choice

The following information is given for Camino Company:
$\begin{array}{lrlr}\text { Cash } & \$ 50,000 & \text { Inventory } & \$ 45,000 \\\text { Land } & 75,000 & \text { Accumulated depreciation } & 40,000 \\\text { Plant and equipment } & 150,000 & \text { Accounts payable } & 60,000\end{array}$ What are the company's current assets?

• A)$220,000
• B)$155,000
• C)$130,000
• D)$ 95,000

---

Definitions:

Conflict Theory

A social theory that views social life as a competition and focuses on the distribution of resources, power, and inequality.

Symbolic Interactionism

A sociological perspective focusing on how individuals interpret and give meaning to social symbols, interactions, and experiences.

Means of Production

The facilities, resources, and tools used to produce goods and services, often discussed in the context of societal roles and class distinctions.

Power

The capacity or ability to direct or influence the behavior of others or the course of events.