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1. Slice Corporation reported the following information in its 2013 financial statements (S in millions): [6 points) 2013 2012 Balance Sheet: Accounts Receivable, net $
1. Slice Corporation reported the following information in its 2013 financial statements (S in millions): [6 points) 2013 2012 Balance Sheet: Accounts Receivable, net $ 725 $ 1.125 2013 Income Statement: Sales Revenue Bad Debt Expense $6,275 A note disclosed that the allowance for uncollectible accounts had a balance of $22 million and S18 million at the end of 2013 and 2012, respectively. Determine the amount of cash collected from customers during 2013
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