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

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Business

Landon Drake

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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Alexia Escobar · Answer 1

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.