Question
General Mills reported the following information in its 2009 financial statements ($ in millions): 2009 2008 Balance Sheet: Accounts receivable, net $ 953 $ 1,084
General Mills reported the following information in its 2009 financial statements ($ in millions): 2009 2008 Balance Sheet: Accounts receivable, net $ 953 $ 1,084 2009 Income statement: Sales revenue $ 4,271 A note disclosed that the allowance for uncollectible accounts had a balance of $18 million and $16 million at the end of 2009 and 2008, respectively. Bad debt expense for 2009 was $14 million. Required: Determine the amount of cash collected from customers during 2009. (Enter your answer in millions. Omit the "$" sign in your response.) Cash collections $
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