please answer ASAP!

part 1: After adjusting revenue for accounts receivable and deferred revenue, how much cash did Acme generate from revenue for the nine months ending September 30, 2017?

• $851.7 million

• $892.1 million

• $939.4 million

• $979.8 million

  part 2: Based on Acmes A/R days, A/P days and Current ratios for the nine months ending September 30, 2017, which of the following conclusions is most accurate? Assume 273 days in the nine months ending September 30, 2017 and 365 days in the year.

  Compared to the industry average:

  • Acme has more favorable collection terms but less favorable payment terms with vendors.

  • Acme has more favorable collection terms and more favorable payment terms with vendors.

  • Acme has less favorable collection terms and less favorable payment terms with vendors.

  • Acme has less favorable payment terms with vendors and a less favorable current ratio.

  • Acme has less favorable collection terms and less favorable current ratio.

  
  

Asat Sepfoenter 39. Cheraber 31, 1e17 2916 (unidited) ASSETS Carrest avets: Cash and cash equivalents 5 799,015 5 791,834 Accounts receivable (net of allowances of 51,689 and 51,035 at September 30,2017 and December 31, 2016, respectively) Prepaid income taxes. Propoid and other assets Total curers assets Property, equipment and leaschold improvements fnet of accumulacd depreciation and amertiration or 5164,804 and 5136,841 a Seplenber 30,2017 and December 31, 2016. tespectivcly) Goodwill \begin{tabular}{rr} 309,196 & 221,504 \\ 7,420 & 12,389 \\ 37,450 & 29,943 \\ \hline 1,153,081 & 1,055,670 \end{tabular} Intangible assets (net of accumulated ansertization of $497,114 and $462,860 at Sepienter 30,2017 and Deecmber 31,2016, reiptetively) Deferred tor mots Oher noosurent avets Tetal awets 85,6801,960,16995,5431,559,850 LABMLIES AND SHAREHOLDERS EQUIT Current liabilisies: Acotumis payable Avenied compensation and felated benefias Ober acerued liabulisies Deferred revense Toul current liabilies Loes-Lerm debt Deferind tamet Defer od theer Oban-curtent liabilitias Tetal tiatalisies Ceanmitarnis sod Consingracies (ree Nete 6 and Nute 7 ) Sharsbolders' equaly! 30,2017 ane Desenber 31, 2016. rowessively? nodicunal raid in sabial Mrtained nerting