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Evans Software develops, produces, and markets a wide range of computer software including the Windows operating system. Evans Software reported the following information about Net
Evans Software develops, produces, and markets a wide range of computer software including the Windows operating system. Evans Software reported the following information about Net Sales Revenue and Accounts Receivable (all amounts in millions). June 30, 2019 June 30, 2018 Accounts Receivable, Net of Allowance for Doubtful Accounts of $370 and $420 $ 18,050 $ 16,400 Net Revenues 82,000 77,000 According to its Form 10-K, Evans Software recorded Bad Debt Expense of $7 and did not recover any previously written-off accounts during the year ended June 30, 2019. Required: 1&2. What amount of accounts receivable was written off during the year ended June 30, 2019? What was Evans Software receivables turnover ratio in 2019
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