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mafiozo [28]
3 years ago
15

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

Business
1 answer:
Oksana_A [137]3 years ago
4 0
<span>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. </span>
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