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Jordan, Inc., is a leading manufacturer of sports apparel, shoes, and equipment. The following information (in millions): company's 2015 financial statements contain the Balance sheetat

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Jordan, Inc., is a leading manufacturer of sports apparel, shoes, and equipment. The following information (in millions): company's 2015 financial statements contain the Balance sheetat Accounts receivable, net 3,612 $ 3,627 Income statenenta Sales revenue $26,708 $24,726 A note disclosed that the allowence for uncollectible accounts had a balance of $113 million and $100 million at the end of 2015 and 2014, respectively. Bad debt expense for 2015 was $41 million. Assume that all sales are made on a credit basis. Required: 1. What is the amount of gross (total) accounts receivable due from customers at the end of 2015 and 2014 2. What is the amount of bad debt write-offs during 2015? 3. Analyze changes in the gross accounts recelveble account to calculate the amount of cash received from customers during 2015 4. Analyze changes in net accounts recelvable to calculate the amount of cash received from customers during 2915

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