What is the company net income

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Question - During the year, belly pacing co. had sales of $2350,000. Cost of goods sold, administrative and selling expenses, and respectively. In addition, the company had an interest expense of $245,000 and a tax rate of 35 percent. Ignore any tax loss carry back or carry forward provisions.

(a) What is the company's net income?

(b) What is its operating cash flow?

(c) Explain the results in parts (a) and (b).

Reference no: EM132175272

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