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Jordan, Inc., is a leading manufacturer of sports apparel, shoes, and equipment. The company's 2015 nancial statements contain the following information (in millions): 2015 2014

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Jordan, Inc., is a leading manufacturer of sports apparel, shoes, and equipment. The company's 2015 nancial statements contain the following information (in millions): 2015 2014 Balance sheets: Accounts receivable, net $ 3 , 502 $ 3 , 51? Income statements: Sales revenue $26,398 $24,416 A note disclosed that the allowance for uncollectible accounts had a balance of $111 million and $98 million at the end of 2015 and 2014, respectively. Bad debt expense for 2015 was $39 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 receivable account to calculate the amount of cash received from customers during 2015. 4. Analyze changes in net accounts receivable to calculate the amount of cash received from customers during 2015. 6 Answer is not complete. Complete this question by entering your answers In the tabs below. Required 1 | Required 2 || Required 3 Required 4 Analyze changes in net accounts receivable to calculate the amount of cash received from customers during 2015. (Enter your answers in millions. Decreases should be indicated by a minus sign.) Beginning net accounts receivable Sales 0 Cash collected from o 0 0 customers Bad debts expense Write-offs Ending net accounts receivable

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