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Business, 31.10.2019 04:31 kiaraphilman2956

General mills reported the following information in its 2017 financial statements ($ in millions): 2017 2016 balance sheet: accounts receivable, net $ 1,430.1 $ 1,360.8 income statement: sales revenue $ 15,619.8 a note disclosed that the allowance for uncollectible accounts had a balance of $24.3 million and $29.6 million at the end of 2017 and 2016, respectively. bad debt expense for 2017 was $16.6 million. required: determine the amount of cash collected from customers during 2017. (all sales are on credit. enter your answer in millions rounded to 1 decimal place (i. e., 5,500,000 should be entered as 5.

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