Benezra S.A., a large Brazilian petrochemical company, repor…

Benezra S.A., a large Brazilian petrochemical company, reported a balance of R$1,600 million in Accounts Receivable at the beginning of 2009 and R$1,500 million at the end of 2009. Its income statement reported total Sales Revenue of R$12,000 million for 2009. Assuming that Benezra makes all sales on account, compute the amount of cash collected from customers during 2009. (2 points)