2017 Miller Company reported the following information in its 2017 financial statements ($ in millions):...
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2017 Miller Company reported the following information in its 2017 financial statements ($ in millions): 2016 Balance Sheet: Accounts receivable, net $ 1,546.6 $1,373.8 Income statement : Sales revenue $17,874.6 A note disclosed that the allowance for uncollectible accounts had a balance of $21.4 million and $22.9 million at the end of 2017 ar 2016, respectively. Bad debt expense for 2017 was $13.2 million Required: Determine the amount of cash collected from customers during 2017 (All sales are on credit. Enter your answer in millions rounde to 1 decimal place (l.e., 5,500,000 should be entered as 5.5).) Cash Collections
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