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Chartered Financial Analyst Level 1

Chartered Financial Analyst Level 1

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An analyst gathers the following financial data (in millions)foracompany:Year2Year1Revenues2,1002,000Accountsreceivable230200Cash7050Thecashreceivedfromcustomers(inmillions) for a company: Year 2 Year 1 Revenues 2,100 2,000 Accounts receivable 230 200 Cash 70 50 The cash received from customers (inmillions)foracompany:Year2Year1Revenues2,1002,000Accountsreceivable230200Cash7050Thecashreceivedfromcustomers(in millions) for Year 2 is:

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