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Gaston Corporation made sales of $750 milion during 2018. Of this amount, Gaston collected cash for $735 million The company's cost of goods sold was
Gaston Corporation made sales of $750 milion during 2018. Of this amount, Gaston collected cash for $735 million The company's cost of goods sold was $280 milion and all other expenses for the year totaled $250 million Also during 2018, Gaston paid $400 million for its inventory and $300 million for everything else Beginning cash was $80 million a. How much was Gaston's net income for 2018? b. How much was Gaston's cash balance at the end 20187 a. How much was Gaston's net income for 20182 Gaston's net income for 2018 is $ million
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