Multiple Choice
Colby Corporation has provided the following information: • Operating revenues from customers were $199,700.
• Operating expenses for the store were $111,000.
• Interest expense was $9,200.
• Gain from sale of plant and equipment was $3,300.
• Dividend payments to Colby's stockholders were $7,700.
• Income tax expense was $36,000.
• Prepaid rent expense was $5,000.
What is the amount of Colby's operating revenues?
A) $88,000.
B) $91,300.
C) $199,700.
D) $203,000.
Correct Answer:

Verified
Correct Answer:
Verified
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