Reference no: EM13724277
During the year, Belyk Paving Co. had sales of $2,394,000. Cost of goods sold, administrative and selling expenses, and depreciation expense were $1,431,000, $435,600, and $490,600, respectively. In addition, the company had an interest expense of $215,600 and a tax rate of 30 percent. (Ignore any tax loss carry back or carry forward provisions.) What is Belyk’s net income? What is Belyk’s operating cash flow?
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What is belyks operating cash flow
: During the year, Belyk Paving Co. had sales of $2,394,000. Cost of goods sold, administrative and selling expenses, and depreciation expense were $1,431,000, $435,600, and $490,600, respectively. In addition, the company had an interest expense of $2..
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