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Using the attached screenshot of a balance sheet - based on unearned revenue only ( that is , ignore accounts receivable ) , how much
Using the attached screenshot of a balance sheet based on unearned revenue only that is ignore accounts receivable how much more or less cash did Microsoft collect from customers relative to how much they recognized in revenue? Note: If they collected less, then include a minus sign.In millions
June Assets
Current assets:
Cash and cash equivalents
Shortterm investments
Total cash, cash equivalents, and shortterm investments
Accounts receivable, net of allowance for doubtful accounts of $ and $
Inventories
Other current assets
Total current assets
Property and equipment, net of accumulated depreciation of $ and $
Operating lease rightofuse assets
Equity investments
Intangible assets, net Other longterm assets
Total assets
Liabilities and stockholders' equity
Current liabilities:
Accounts payable
Current portion of longterm debt
Accrued compensation
Shortterm income taxes
Shortterm unearned revenue
Other current liabilities
Total current liabilities
Longterm debt
Longterm income taxes
Longterm unearned revenue
Deferred income taxes
Operating lease liabilities
Other longterm liabilities
Total liabilities
Commitments and contingencies
Stockholders' equity:
Common stock and paidin capital shares authorized ; outstanding and
Retained earnings
Accumulated other comprehensive income
Total stockholders' equity
Total liabilities and stockholders' equity
Refer to accompanying notes.
$
$
$
$
$
$
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