The following information is for Acme Auto Supplies: The total dollar amount of assets to be classified as investments is
A) $0.
B) $450,000.
C) $240,000.
D) $540,000.

Question

The following information is for Acme Auto Supplies:  The total dollar amount of assets to be classified as investments is
A) $0. 
B) $450,000. 
C) $240,000. 
D) $540,000.

Quizplus · Accepted Answer

The information provided only includes the specific code "TB3135_00" which is the code for the investments category. The dollar amount provided is $240,000, which is the total amount of assets to be classified as investments for Acme Auto Supplies. Therefore, the correct choice is C.

The Following Information Is for Acme Auto Supplies: the Total