Now suppose that Net revenue reported by XYZ for fiscal year 2009 is $60,000 million
Name: Now suppose that Net revenue reported by XYZ for fiscal year 2009 is $60,000 million. This net revenue has been reported net of bad debt expense. XYZ also experienced an increase of $2,000 million in Gross accounts receivables during fiscal year 2009. How much cash (in millions) was collected by XYZ from its customer […]