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General mills reported the following information in its

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.

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Accounting Basics: General mills reported the following information in its

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Accounting Basics: General mills reported the following information in its

Reference No:- TGS01176242

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