ST&C's financial statements for the 2015 and 2014 fiscal years contained the following information: Balance Sheets ($ in millions) 2015 2014 Current assets: Accounts receivable, net of allowances for doubtful accounts of $711 and $524 $ 16,602 $ 14,534 Income Statements ($ in millions) 2015 2014 Revenues $ 147,501 $ 132,524 In addition, the statement of cash flows disclosed bad debt expense of $1,423 million in 2015 and $1,039 million in 2014.

Required:

Determine the amount of actual bad debt write-offs made during 2015.

Note: Enter your answer in millions and not in dollars.

Determine the amount of cash collected from customers during 2015.

Note: Enter your answer in millions and not in dollars.

Compute the receivables turnover ratio for 2015.

Note: Round your answer to 2 decimal places.