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Check my work Miller Company reported the following information in its 2017 financial statements ($ in millions): 2017 2016 Balance Sheet: Accounts receivable, net Income
Check my work Miller Company reported the following information in its 2017 financial statements ($ in millions): 2017 2016 Balance Sheet: Accounts receivable, net Income statement : Sales revenue $ 3,450.4 $2,327.6 $19,784.1 A note disclosed that the allowance for uncollectible accounts had a balance of $49.9 million and $45.7 million at the end of 2017 and 2016, respectively. Bad debt expense for 2017 was $36.0 million. Required: Determine the amount of cash collected from customers during 2017 (All sales are on credit. Enter your answer in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5).) Cash collections This is a numeric cell, so please enter numbers only. Check my work Miller Company reported the following information in its 2017 financial statements ($ in millions): 2017 2016 Balance Sheet: Accounts receivable, net Income statement : Sales revenue $ 3,450.4 $2,327.6 $19,784.1 A note disclosed that the allowance for uncollectible accounts had a balance of $49.9 million and $45.7 million at the end of 2017 and 2016, respectively. Bad debt expense for 2017 was $36.0 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 5.5).) Cash collections This is a numeric cell, so please enter numbers only
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