Business
Business, 07.03.2020 01:00, Llamacornbabe

During the year, Belyk Paving Co. had sales of $2,393,000. Cost of goods sold, administrative and selling expenses, and depreciation expense were $1,432,000, $435,700, and $490,700, respectively. In addition, the company had an interest expense of $215,700 and a tax rate of 35 percent. (Ignore any tax loss carryback or carryforward provisions.) a. What is the company’s net income? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to the nearest whole number, e. g., 32.) Net income $ b. What is it's operating cash flow? (Do not round intermediate calculations and round your answer to the nearest whole number, e. g., 32.) Operating cash flow

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During the year, Belyk Paving Co. had sales of $2,393,000. Cost of goods sold, administrative and se...

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