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General Mills reported the following information in its 2009 financial statements ($ in millions):

644_254-B-A-C-R (1617).png

Real World Financials
A note disclosed that the allowance for uncollectible accounts had a balance of $18 million and $16 million at the end of 2009 and 2008, respectively. Bad debt expense for 2009 was $14 million.

Required:

Determine the amount of cash collected from customers during 2009.

Accounting Basics, Accounting

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