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PCU Corporation's checkbook balance on December 31, 2020 was P160,000. On the same date, PCU held the following items in its safe:
Problem 1: In its December 31, 2020 statement of financial position, how much should PCU report as cash?
a. P156,600
b. P181,500
c. P161,500
d. P185,000
Calculate the annual average total return (including dividends) to a U.S. dollar-based investor holding the shares for the entire period shown.
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Question - What is overall state of affairs of company in current year and last year as reported in Directors Report to Shareholders
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