Use the Information Below to Answer the Following Questions About

question 37

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 operating cash flow for the Canary Cruises Corporation for 2017?

• A)$340,900
• B)$654,750
• C)$261,100
• D)$528,000

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Definitions:

SAT scores

SAT scores are standardized test scores used for college admissions in the United States, assessing mathematical, verbal, and writing skills.

Confidence interval

An assortment of values, from sample-based statistics, that is speculated to contain the unseen population parameter value.

Population standard deviation

A measure of the dispersion or variability of a set of data points in a population, indicating how much the individual data points differ from the population mean.

Sample mean

The average value of the sample set, calculated as the sum of all observations divided by the number of observations.