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Kephlee is an amusement park operator and provided the following select financial data: ($ in millions) December 31, 2020 Revenue $121.5 Cash proceeds from the
Kephlee is an amusement park operator and provided the following select financial data:
($ in millions) | December 31, 2020 |
---|---|
Revenue | $121.5 |
Cash proceeds from the sale of a merry go round | $15.4 |
Cash flows from operations | $121.4 |
December 31, 2019 | December 31, 2020 | |
---|---|---|
Accounts receivable | 95.4 | 123.5 |
Deferred revenue | 34.6 | 45.6 |
Based on the information provided, what were cash sales during 2020?
A. $136.9
B. $119.8
C. $104.4
D. $93.4
E. $82.4
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