Turner Company Reported Assets of $20,000 (Including Cash of $9,000),liabilities

Multiple Choice

Turner Company reported assets of $20,000 (including cash of $9,000) ,liabilities of $8,000,common stock of $7,000,and retained earnings of $5,000.Based on this information,what can be concluded?

A) 25% of Turner's assets are the result of prior earnings.
B) $5,000 is the maximum dividend that can be paid to shareholders.
C) 40% of Turner's assets are the result of borrowing from creditors.
D) 25% of Turner's assets are from prior earnings,$5,000 is the maximum possible dividend,and 40% of assets are the result of borrowed resources.