If payments to suppliers is equal to $50 million, payments to employees is $8 million, payments to interest is $4 million, purchase of equipment is $84 million, receipts from customers is $178 million, sale of equipment is $12 million, retirement of common stock is $10 million and dividends paid are $15 million. Assuming there are no other cash flows and total assets are $500 million, how are receipts from customers expressed in the common- size cash flow statement?

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To express receipts from customers in the commonsize cash flow statemen... View the full answer