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Question 3 Analytical 1. You have the following information for ABC Corp: Revenue 950,000 Selling Expenses 178,000 Administrative expenses 166,000 Income tax 220,000 Beginning Retained

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Question 3 Analytical 1. You have the following information for ABC Corp: Revenue 950,000 Selling Expenses 178,000 Administrative expenses 166,000 Income tax 220,000 Beginning Retained Earnings 1,400,000 Ending Retained Earnings 1,550,000 How much were Dividends for the year? Show your work. 2. ABC Company has a current ratio of 1.8:1. If liabilities are 600,000, how much are current assets? Show your work

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