Analyzing changes in accounts receivable. Microsoft Corporation reported a balance of $5,129 million in accounts receivable at
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Analyzing changes in accounts receivable. Microsoft Corporation reported a balance of
$5,129 million in accounts receivable at the beginning of Year 13 and $5,196 million at the end of Year 13. Its income statement reported sales revenue of $32,120 million for Year 13. Assuming that Microsoft Corporation makes all sales on account, compute the amount of cash collected from customers during Year 13.
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Related Book For
Financial Accounting Introduction To Concepts Methods And Uses
ISBN: 9780324222975
11th Edition
Authors: Clyde P. Stickney, Roman L. Weil
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