Pier 1 Imports reported retail sales for fiscal 2019 of $1.6 billion. During the year, accounts receivable
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Pier 1 Imports reported retail sales for fiscal 2019 of $1.6 billion. During the year, accounts receivable decreased from $22.2 million to $21.2 million.
Estimate the cash collected by Pier 1 from its customers during 2019.
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