Question
Assume that the casino business credit revenue represents 40% of the total casino revenue during the period 2014 through 2016. Calculate the cash collected from
Assume that the casino business credit revenue represents 40% of the total casino revenue during the period 2014 through 2016. Calculate the cash collected from the casino business accounts receivable in each year from 2014 through 2016.
2014
Total Casino Revenue: $5,878,775,000
Total credit revenue: $2,351,510,000
Cash Collected = ?????
Beg AR - + Credit sales cash collected write offs = ending AR
2015
Total Casino Revenue: $4,842,836,000
Total Credit Revenue: $1,937,134,400
Cash collected= ????
Beg AR - + Credit sales cash collected write offs = ending AR
2016
Total Casino Revenue: $4,936,490,000
Total Credit Revenue: $1,974,596,000
Cash Collected= ?????
Beg AR - + Credit sales cash collected write offs = ending AR
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Social Media Audit Measure For Impact
Authors: Urs E. Gattiker
2013 Edition
1461436028, 978-1461436027
