1.Pfister Corporation has Current Assets of $200,000, Current Liabilities of $150,000, Total Liabilities of $340,000 and Owners' Equity of $300,000. Compute Total Assets. Enter your answer with no commas, dollar signs, decimals, etc

2.Pfister Corporation has Long-term Assets of $485,000, Current Liabilities of $150,000, Long-term Liabilities of $220,000 and Owners' Equity of $320,000. Compute Current Assets. Enter your answer with no commas, dollar signs, decimals, etc

3.

Butler Corporation has a balance of $165 million in retained earnings at the beginning of the fiscal year. At the end of the fiscal year the balance in retained earnings is $200 million.

Which of the following statements are true? Select all that apply.

a.Dividends declared are greater than Net Income.

b.	Dividends declared are less than Net Income

c.	Net Income is at least $35 million

d.Dividends must be less than $35 million