question 7-8

QUESTION 7 A company has $340,000 in non-current assets, $290,000 in shareholders equity, and $500,000 in total assets. In addition, the company's current sets exceed its current liabilities by $70,000. How much does the company have in non-current liabilities? O a $180,000 Ob.$150,000 OC $120,000 O d. $90,000 QUESTIONS ABC Company has a beginning balance in retained earnings of $320,000 on December 31, 2016. If the company has net income of $180,000 during 2017 and an ending balance in retained earnings of $470.000 on December 31, 2017, then how much did the company pay in dividends? O a cannot be determined from the information given O b. $30,000 O c. $20,000 O d. $15,000