(Solution) - Derive sales revenue from data the statement of cash flows -(2025 Original AI-Free Solution)
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Derive sales revenue from data the statement of cash flows and balance sheet Microsoft Corporation reported a balance of $5,196 million in accounts receivable at the beginning of the year and $5,334 million at the end of the year. Its statement of cash flows using the direct method reported cash collections from customers of $33,551 million for the year. Assuming that Microsoft Corporation makes all sales on account, compute the amount of sales during the year.