Question
The Mamba Company reported revenue of $31,400 million for 2004. Their accounts receivable balance was $5,000 million in 2004 and $4,912 million in 2003. Cash
The Mamba Company reported revenue of $31,400 million for 2004. Their accounts receivable balance was $5,000 million in 2004 and $4,912 million in 2003.
Cash collected from customers equals
Choose one answer.
| a. $31,400 million | ||
| b. $31,488 million | ||
| c. $31,312 million | ||
| d. None of the above |
How do you do this ? answer is 31,312mil.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Horngrens Financial And Managerial Accounting The Financial Chapters
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura
6th Edition
978-0134486840, 134486838, 134486854, 134486846, 9780134486833, 978-0134486857
