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21 October, 13:19

If sales revenue is $80 million and accounts receivable increased by $12 million, the amount of cash received from customers:

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  1. 21 October, 16:37
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    If sales revenue is $80 million and accounts receivable increased by $12 million, the amount of cash received from customers is $68 million.

    Sales revenue = $80 million

    Accounts receivable increased by $12 million - accounts receivable is money that is owned to a business in a form of debt.

    Take the sales revenue and subtract the accounts receivable from it, so the amount that was paid to the company by the customers is $68 million.
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