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KRJ Corporation reported annual sales revenue of $2,000 million. Deferred revenue at the beginning of the year was $59 million and at the end of
KRJ Corporation reported annual sales revenue of $2,000 million. Deferred revenue at the beginning of the year was $59 million and at the end of the year it was $61 million. During the year, accounts receivable decreased from a beginning balance of $280 million to an ending balance of $255 million. How much cash (in 5 millions) was received from customers during the year? KRJ Corporation reported in 5 millions) tax expense of $950 for the year. Taxes payable at the beginning of the year was $191 and at the end of the year it was $154. Deferred taxes at the beginning of the year was $135 and at the end of the year it was $139. The company also reported deferred tax assets at the beginning of the year of $61 and at the end of the year it was $81. How much cash (in $ millions) was paid for taxes for during the year
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