Three Months Ended Nine Months Ended

September $30,$ September $30,$

$2017201620172016$

$($unaudited$)$

Operating revenues $ $322,097$ $ $288,433$ $ $939,393$ $ $857,857$

Operating expenses:

Cost of revenues $68,49162,986204,607188,288$

Selling and marketing $44,91841,514129,526125,057$

Research and development $17,98318,75055,16356,244$

General and administrative $22,10321,85964,55565,768$

Amortization of intangible assets $10,61411,75232,98735,535$

Depreciation and amortization of property, equipment and

leasehold improvements $9,3258,31227,32224,873$

Total operating expenses $173,434165,173514,160495,765$

Operating income $148,663123,260425,233362,092$

Interest income $(1,835)(799)(4,077)(2,005)$

Interest expense $29,02026,79087,07172,612$

Other expense $($income$)675(253)2,3002,642$

Other expense $($income$),$ net $27,86025,73885,29473,249$

Income before provision for income taxes $120,80397,522339,939288,843$

Provision for income taxes $35,65032,241100,56996,238$

Net income $ $85,153$ $ $65,281$ $ $239,370$ $ $192,605$

As of

September $30,$ December $31,$

$20172016$

$($unaudited$)$

ASSETS

Current assets:

Cash and cash equivalents $ $799,015$ $ $791,834$

Accounts receivable $($net of allowances of $$1,689$ and $$1,035$ at September $30,2017$ and

December $31,2016,$ respectively$)309,196221,504$

Prepaid income taxes $7,42012,389$

Prepaid and other assets $37,45029,943$

Total current assets $1,153,0811,055,670$

Property, equipment and leasehold improvements $($net of accumulated depreciation and

amortization of $$164,804$ and $$136,841$ at September $30,2017$ and December $31,2016,$

respectively$)85,68095,585$

Goodwill $1,560,1691,555,850$

Intangible assets $($net of accumulated amortization of $$497,114$ and $$462,860$ at

September $30,2017$ and December $31,2016,$ respectively$)328,326347,640$

Deferred tax assets $11,0919,531$

Other non$-$current assets $16,12518,302$

Total assets $ $3,154,472$ $ $3,082,578$

LIABILITIES AND SHAREHOLDERS' EQUITY

Current liabilities:

Accounts payable $ $2,385$ $ $568$

Accrued compensation and related benefits $102,581119,113$

Other accrued liabilities $83,82182,531$

Deferred revenue $374,730334,358$

Total current liabilities $563,517536,570$

Long$-$term debt $2,077,3702,075,201$

Deferred taxes $84,43294,067$

Other non$-$current liabilities $68,83959,135$

Total liabilities $2,794,1582,764,973$

Commitments and Contingencies $($see Note $6$ and Note $7)$

Shareholders' equity:

Preferred stock $($par value $$0\mathrm{.}01,100,000,000$ share authorized; no shares issued$)$

Common stock $($par value $$0\mathrm{.}01$; $750,000,000$ common shares authorized; $129,505,173$

and $128,996,344$ common shares issued and $90,067,232$ and $91,279,590$ common

shares outstanding at September $30,2017$ and December $31,2016,$ respectively$)1,2951,290$

Treasury shares, at cost $(39,437,941$ and $37,716,754$ common shares held at September

$30,2017$ and December $31,2016,$ respectively$)(2,321,862)(2,170,739)$

Additional paid in capital $1,255,6161,225,565$

Retained earnings $1,475,3471,322,224$

Accumulated other comprehensive loss $(50,082)(60,735)$

Total shareholders' equity $360,314317,605$

Total liabilities and shareholders' equity $ $3,154,472$ $ $3,082,578$

For the next $2$ questions, use the financials of Acme Corporation.

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\mathrm{.}7$ million

$$939\mathrm{.}4$ million

$$892\mathrm{.}1$ million

$$979\mathrm{.}8$ million