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Miller Company reported the following information in its 2017 financial statements ( $ in millions): A note disclosed that the allowance for uncollectible accounts had
Miller Company reported the following information in its 2017 financial statements ( $ in millions): A note disclosed that the allowance for uncollectible accounts had a balance of $42.4 million and $39.7 million at the end of 2017 and 2016 , respectively. Bad debt expense for 2017 was $30.0 million. Required: Determine the amount of cash collected from customers during 2017. (All sales are on credit. Enter your answer in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5).)
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