Question: General Mills reported the following information in its 2011 financial

General Mills reported the following information in its 2011 financial statements ($ in millions):


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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  • CreatedDecember 23, 2013
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