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Need some help with this one, i keep getting it wrong. D PortalGuard-br/X D Port

ID: 2532726 • Letter: N

Question

Need some help with this one, i keep getting it wrong.

D PortalGuard-br/X D PortalGuard Sir gle ? ' Final Review Extra X Chegg Study I Gu X)T Wileyplus × G D Portal und D F ? Chegg Study GuX CSecure https://edugen.wileyplus.com/ed Kimmel, Financial Accounting, 8e CALCULATOR PRINTER VERSION BACK NEXT ASSIGNMENT Question 1 Your answer is incorrect. Try again. Suppose Columbia Sportswear Company had accounts receivable of $274,504,600 at January 1, 2017, and $220,465,900 at December 31, 2017, Assume sales revenue was $1,313,263,600 for the year 2017 What is the amount of cash receipts from customers in 20177 The amount of cash receipts from customers in 2017 T1,313,263,600 LINK TO TEXT Question Question Attempts: 1 of 3 used SAVE FOR LATER SUBMIT ANSWER a Question 15 Question 1 O Type here to search 411 PM 4/27/2018

Explanation / Answer

Amount of cash receipts from customers in 2017 = $1,367,302,300

Cash Receipt=Accounts Receivable as in January 1,2017 + Sales - Accounts Receivable as in December31,2017

= $274,504,600 + $1,313,263,600 - $220,465,900

= $1,367,302,300

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