If a company's sales revenue was $125.6 million, and their accounts receivable increased by $23.45 million, while also having prepaid expenses of $12.75 million, what was the cash received from customers? Options: a. $102.15 million b. $138.35 million c. $115.90 million d. $89.40 million

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 4EB: Assume a company is going to make an investment in a machine of $825,000 and the following are the...
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If a company's sales revenue was $125.6 million, and their accounts
receivable increased by $23.45 million, while also having prepaid
expenses of $12.75 million, what was the cash received from
customers? Options:
a. $102.15 million
b. $138.35 million
c. $115.90 million
d. $89.40 million
Transcribed Image Text:If a company's sales revenue was $125.6 million, and their accounts receivable increased by $23.45 million, while also having prepaid expenses of $12.75 million, what was the cash received from customers? Options: a. $102.15 million b. $138.35 million c. $115.90 million d. $89.40 million
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