Business
Business, 12.12.2019 01:31, sggg497

During the year, belyk paving co. had sales of $2,425,000. cost of goods sold, administrative and selling expenses, and depreciation expense were $1,335,000, $635,000, and $450,000, respectively. in addition, the company had an interest expense of $275,000 and a tax rate of 25 percent. (ignore any tax loss or carryforward provision and assume interest expense is fully deductible.)

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During the year, belyk paving co. had sales of $2,425,000. cost of goods sold, administrative and se...

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