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Microsoft Corporation develops, produces, and markets a wide range of computer software including the Windows operating system. Microsoft reported the following information about Net Sales
Microsoft Corporation develops, produces, and markets a wide range of computer software including the Windows operating system. Microsoft reported the following information about Net Sales Revenue and Accounts Receivable (all amounts in millions). |
June 30, 2010 | June 30, 2009 | |||||
Accounts Receivable, Net of Allowances of $374 and $450 | $ | 11,714 | $ | 11,092 | ||
Net Revenues | 61,484 | 57,437 | ||||
According to its Form 10-K, Microsoft recorded Bad Debt Expense of $44 and did not recover any previously written off accounts during the year ended June 30, 2010. |
Required: | |
1. | What amount of accounts receivable was written off during the year ended June 30, 2010? (Enter your answer in millions.) |
2. | What was Microsoft |
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