KRJ Corporation reported annual sales revenue of $7,902 million. Accounts receivable at the beginning of the year was $644 million and at the end of the year it was $524 million. How much cash (in $ millions) was received from customers during the year?

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter21: The Statement Of Cash Flows
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KRJ Corporation reported annual sales revenue of $7,902 million. Accounts receivable at the beginning of the year was $644 million and at the end of the year it was $524 million. How much cash (in $ millions) was received from customers during the year?

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