| 18. Wood Company Wood Company has provided the following information from its accounting records for the current year: Cash $ 50,000 Accounts receivable $ 40,000 Inventory 60,000 Land 75,000 Accounts payable 45,000 Notes payable (due 2020) 150,000 Retained earnings ? Read the information for Wood Corporation. What are Wood's current assets? A. $ 90,000 B. $ 150,000 C. $ 195,000 D. $ 225,000 | |
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