Business, 15.10.2020 09:01 anyone5382

IRobot designs andmanufactures robots for consumer, commercial, and military use. For the ﬁscal year ended January 2, 2016, the company reported the following on its balance sheet and income statement(amounts in thousands): Accounts receivable, net of allowance of $33 at January 2, 2016, and $67 at December 27,2014, of $104,679 and $71,056, respectively.
Revenue for ﬁscal 2015 (i. e., the year ended January 2, 2016) of $616,778.
Bad debt expense for ﬁscal 2015 of $0.

Required:
Compute the amount of cash collected from customers during ﬁscal 2015.

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IRobot designs andmanufactures robots for consumer, commercial, and military use. For the ﬁscal year...

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