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Mellokkhaos Mellokkhaos
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Posts: 313
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5 years ago
Deluxe Hotels reported revenues of $550,000 for the year ended December 31, 2017. Accounts receivable at December 31, 2016 and 2017 were $63,000 and $55,000. If Deluxe uses the direct method of reporting operating cash flows, the company would report cash collected from customers of ________.
A) $550,000
B) $558,000
C) $487,000
D) $542,000
Textbook 
Intermediate Accounting

Intermediate Accounting


Edition: 1st
Authors:
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jenkinsleslie19jenkinsleslie19
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Posts: 201
5 years ago
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Mellokkhaos Author
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5 years ago
Exactly what I needed for my quiz Smiling Face with Open Mouth
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