answer the ques 19... Acoounting values versus cash flows

D. What if assets equal $6,900? LO2 18. Net Income and OCF During the year, Belyk Paving Co. had sales of $2,275,000. Cost of goods sold, administrative and selling expenses, and depreciation expense were $1,285,000, $535,000, and $420,000, respectively. In addition, the company had an interest expense of $245,000 and a tax rate of 21 percent. (Ignore any tax loss carryforward provision and assume interest expense is fully deductible.) a. What is the company's net income? b. What is its operating cash flow? c. Explain your results in parts (a) and (b). LO2 19. Accounting Values versus Cash Flows In Problem 18. suppose Belyk Paving Co. paid out $370,000 in cash dividends. Is this possible? If nel capital spending was zero, no new investments were made in net working capital and no new stock was issued during the year, what do you know about the firm's long-term debt account? Calculating Cash Flows Prescott Football Manufacturing had the following operating results for 2019: sales - $29.874: cost of goods sold - $21,632: depreciation expense - $3.470: interest expense - $514: dividends paid - $825. At the beginning of the LO4 20