Use the Information Below to Answer the Following Questions About

question 38

Multiple Choice

Use the information below to answer the following questions about the Canary Cruises Corporation.
The Canary Cruises Corporation Income Statement Accounts for the year ending December 31,2017 $$\begin{array} { | l | c | } \hline \text { Account } & \text { Balance } \\\hline \text { Cost of goods sold } & \$ 345,000 \\\hline \text { rrterest expense } & \$ 79,000 \\\hline \text { Taxes } & \$ 57,100 \\\hline \text { Reverue } & \$ 836,000 \\\hline \text { Selling, general, and adrniristrative expenses } & \$ 93,000 \\\hline \text { Depreciation } & \$ 126,000 \\\hline\end{array}$$
-Refer to the Canary Cruises Corporation Corporation Income Statement Accounts.What is the EBIT for the Canary Cruises Corporation for 2017?

• A)$345,000
• B)$654,750
• C)$680,000
• D)$272,000

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Definitions:

Feral Children

Refers to children who have lived in isolation from human contact from a very young age, and have no experience of human care, social behavior, or, crucially, of human language.

Socialization

The process by which individuals learn and adopt the norms, values, behaviors, and social skills appropriate to their society.

Resocialization

The process by which one's sense of social values, beliefs, and norms are reengineered, often deliberately, through social processes, which can occur in settings such as prisons or rehab centers.

Agent of Socialization

Agents of socialization are individuals, groups, or institutions that play a role in integrating individuals into society by teaching social norms, values, and roles.