Question $2$

A financial manager gathers the following information from the ABC company's current financial statements.

Year Ended $31$ December $($$ millions$)$

$\begin{array}{cc}?& \text{Y}\text{e}\text{a}\text{r}of2016\\ \text{R}\text{e}\text{v}\text{e}\text{n}\text{u}\text{e}& 26430\\ \text{C}\text{o}\text{s}\text{t}of\text{g}\text{o}\text{o}\text{d}\text{s}\text{s}\text{o}\text{l}\text{d}& 12831\\ \text{O}\text{p}\text{e}\text{r}\text{a}\text{t}\text{i}\text{n}\text{g}\text{e}\text{x}\text{p}\text{e}\text{n}\text{s}\text{e}& 9802\\ \text{I}\text{n}\text{c}\text{o}\text{m}\text{e}\text{t}\text{a}\text{x}\text{e}\text{x}\text{p}\text{e}\text{n}\text{s}\text{e}& 1277\\ \text{N}\text{e}\text{t}\text{i}\text{n}\text{c}\text{o}\text{m}\text{e}& 2250\end{array}$

Year Ended $31$ December $($ $ millions$)$

$\backslash$table$[[,$Year of $2016,$Year of $2015],[$Accounts receivable,$1134,1072],[$Accounts payable,$4858,3724],[$Inventory$,4462,3670]]$

If the ABC company uses the direct method to prepare its cash flow statement, what is the cash received from customers $($in $ million$)?$

$(20$ marks$)$