Solution-Determine the amount of cash collected from

Determine the amount of cash collected from customers

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General Mills reported the following information in its 2011 financial statements ($ in millions):

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A note disclosed that the allowance for uncollectible accounts had a balance of $16.3 million and $15.8 million at the end of 2011 and 2010, respectively. Bad debt expense for 2011 was $12.7 million.

Required:
Determine the amount of cash collected from customers during2011.

Reference no: EM13882933

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Determine the amount of cash collected from customers : General Mills reported the following information in its 2011 financial statements ($ in millions):

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Determine the amount of cash collected from customers

Reference no: EM13882933

Reference no: EM13882933

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