Use the entire 10-K to answer the following questions: 1. Carnival Corporation operates several cruise lines. Find

Question:

Use the entire 10-K to answer the following questions:
1. Carnival operates several cruise lines. Find and list three of them.
2. Within the past five years, how many new ships has Carnival put into service?
3. Are the payments for ships considered capital expenditures or revenue expenditures? On the statement of cash flows, which business activity category will report these payments?

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...