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Ch 2 - Q 1 9 . Net Income and OCF. During the year, Belyk Paving Co , had sales of $ 2 , 6
ChQNet Income and OCF. During the year, Belyk Paving Co had sales of $ Cost of goods sold, administrative and selling expenses, and depreciation expense were $$ and $ respectively. In addition, the company had an interest expense of $ and a tax rate of percent. Ignore any tax loss carryback or carryforward provisions.a What is the company's net income? b What is its operating cash flow?e Explain your results in parts a and b
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