Microsoft Corporation develops, produces, and markets a wide range of computer software including the Windows operating system.

Question:

Microsoft develops, produces, and markets a wide range of computer software including the Windows operating system. Microsoft reported the following information about Net Sales Revenue and (all amounts in millions).
June 30, 2010 June 30, 2009
Accounts Receivable, Net of Allowances of $375 and $451....... $13,014............ $11,192
Net Revenues................................................................ 62,484............. 58,437
According to its Form 10-K, Microsoft recorded Bad Debt Expense of $45 and did not recover any previously written off accounts during the year ended June 30, 2010.
Required:
1. What amount of was written off during the year ended June 30, 2010?
2. What was Microsoft's receivables turnover ratio (to one decimal place) in the current year?
Accounts Receivable
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