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Meta's financial statements for the 2 0 2 5 and 2 0 2 4 fiscal years contained the following information: In addition, the statement of
Meta's financial statements for the and fiscal years contained the following information:
In addition, the statement of cash flows disclosed bad debt expense of $ million in and $ million in
Required:
Determine the amount of actual bad debt writeoffs made during
Note: Enter your answer in millions and not in dollars.
Determine the amount of cash collected from customers during
Note: Enter your answer in millions and not in dollars.
Compute the receivables turnover ratio for
Note: Round your answer to decimal places.
table Writeoffs during Cash collection during Accounts receivable turnover ratio,
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