Butler Corp. reported the following in the Current Assets section of its comparative balance sheets: .................................................................12/31/12................12/31/11 Current

Question:

Butler Corp. reported the following in the Current Assets section of its comparative balance sheets:

.................................................................12/31/12................12/31/11

Current Assets:

Accounts receivable...............................$12,500.................$15,300

The company uses the direct method on its statement of cash flows and reported that it collected $45,200 during 2012 from its customers. Determine sales revenue for 2012.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Question Posted: