subject
Business, 21.09.2020 04:01 kaylatunell123

Net Income and OCF. During the year, Belyk Paving Co. had sales of $2,350,000. Cost of goods sold, administrative and selling expenses, and depreciation expense were $1,295,000, $530,000, and $420,000, respectively. In addition, the company had an interest expense of $245,000 and a tax rate of 35 percent. (Ignore any tax loss carryback or carryforward provisions.) a. What is the company’s net income? b. What is its operating cash flow? c. Explain your results in parts (a) and (b). (Page 45).

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 20:20
while setting up his new office, an attorney ordered thick, frieze carpets for the floor. however, the building inspector had him remove the expensive carpeting. the building inspector stated that according to federal regulations, the office must be wheelchair accessible as it is a public area. he further explained that since wheelchairs do not maneuver well in thick, frieze carpeting, the carpets had to be removed and be replaced with smooth-textured carpets that do not restrict wheelchair maneuverability. this scenario illustrates how a company is influenced by the component of its specific environment.
Answers: 2
question
Business, 21.06.2019 20:30
Suppose the price of a complement to lcd televisions rises. what effect will this have on the market equilibrium for lcd tvs?
Answers: 1
question
Business, 22.06.2019 18:00
Acountry made education free in mandatory up to age 15. it is established 100 new schools to educate kids across the country. as a result, citizens acquired the _ required to work. the school's generated _ for teachers and other staff. in 20 years, to countryside rapid _ and its gdp.
Answers: 3
question
Business, 22.06.2019 19:00
Adrawback of short-term contracting as an alternative to making a component in-house is thata. it is the most-integrated alternative to performing an activity so the principal company has no control over the agent. b. the supplying firm has no incentive to make any transaction-specific investments to increase performance or quality. c. it fails to allow a long planning period that individual market transactions provide. d. the buying firm cannot demand lower prices due to the lack of a competitive bidding process.
Answers: 2
You know the right answer?
Net Income and OCF. During the year, Belyk Paving Co. had sales of $2,350,000. Cost of goods sold, a...
Questions
question
Biology, 10.09.2020 01:01
question
Geography, 10.09.2020 01:01
question
English, 10.09.2020 01:01
question
Biology, 10.09.2020 01:01
question
English, 10.09.2020 01:01
question
English, 10.09.2020 01:01
question
English, 10.09.2020 01:01
question
English, 10.09.2020 01:01
question
Mathematics, 10.09.2020 01:01
question
Mathematics, 10.09.2020 01:01
question
English, 10.09.2020 01:01
question
English, 10.09.2020 01:01
question
English, 10.09.2020 01:01
question
English, 10.09.2020 01:01
question
English, 10.09.2020 01:01
question
Mathematics, 10.09.2020 01:01
question
English, 10.09.2020 01:01
question
History, 10.09.2020 01:01
question
Mathematics, 10.09.2020 01:01
question
Mathematics, 10.09.2020 01:01