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Tropical Tours reported revenue of $415,000 for its year ended December 31, 2024. Accounts receivable...

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Accounting

Tropical Tours reported revenue of $415,000 for its year ended December 31, 2024. Accounts receivable on December 31, 2023 and 2024, were $35,200 and $31,500, respectively. Using the direct method for reporting cash flows from operating activities, Tropical Tours would report cash collected from customers of

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