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Question: An Examination of Revenues: Microsoft Corp. (Medium) Microsoft Corp. reported $62.484 billion in revenues for fiscal year 2010. Accounts receivable, net of allowances, increased from $11.192 billion in 2009 to $13.014 billion. Microsoft has been criticized for underreporting revenue. Revenue from software licensed to computer manufacturers is not recognized in the income statement until the manufacturer sells the computers. Other revenues are recognized over contract periods with customers. As a result, Microsoft reported a liability, unearned revenue, of $14.830 billion in 2010, up from $14.284 billion in 2009. What was the cash generated from revenues in 2010?

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