Question

The following financial statement information is available for Cisco Systems, Inc

The total amount owed to Cisco systems by customers (ignore ‘financing receivables’) at July 30, 2016 is:

a. $6,096

b. $5,847

c. $5,598

d. $49,998

e. None of the above.

Jul. 25, 2015 $ 6,877 53,539 5,344 Consolidated Balance Sheets - USD ($) Jul. 30, 2016 $ in Millions Current assets: Cash and12 Months Ende Jul. 30, 2016 Jul. 25, 2015 $ 37,254 11,993 49,247 $ 37,750 11,411 49,161 14,161 4.126 18,287 30,960 15.377 4,

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Answer #1
answer: a. $6096
The total amount owed to Cisco systems by customers at
july 30, 2016 = Net Acc. Receivable + Allow for Doubtful
accounts = 5847+249 = 6096
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