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Pls? At the end of 2019, Gusion Inc. had P65 million in cash on its balance sheet. During 2020, the following events occurred: 2 points
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At the end of 2019, Gusion Inc. had P65 million in cash on its balance sheet. During 2020, the following events occurred: 2 points The cash flow from Gusion's operating activities totaled P415 million, Gusion issued P450 million in common stock. Gusion's notes payable decreased by P130 million. Gusion purchased fixed assets totaling P710 million. Gusion's mortgage payable increased to P310 million (P300 million at the beginning of the year) How much cash did Gusion Inc. have on its balance sheet at the end of 2020Step by Step Solution
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