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9 Miller Company reported the following information in its 2020 financial statements ($ in millions): 10 points 2020 2019 Balance Sheet: Income statement: Accounts
9 Miller Company reported the following information in its 2020 financial statements ($ in millions): 10 points 2020 2019 Balance Sheet: Income statement: Accounts receivable, net $ 1,947.4 $ 1,574.6 Sales revenue $ 18,276.6 A note disclosed that the allowance for uncollectible accounts had a balance of $27.4 million and $27.7 million at the end of 2020 and 2019, respectively. Bad debt expense for 2020 was $18.0 million. Required: Determine the amount of cash collected from customers during 2020. Note: All sales are on credit. Enter your answer in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5). > Answer is complete but not entirely correct. Cash collections $ 17,858.8
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