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

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Definitions:

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A small booklet or pamphlet, often containing promotional material or information on a particular subject.