Business, 06.12.2019 01:31 charrsch9909
Tubby toys estimates that its new line of rubber ducks will generate sales of $7.20 million, operating costs of $4.20 million, and a depreciation expense of $1.20 million. if the tax rate is 30%, what is the firm’s operating cash flow?
a. calculate the operating cash flow for the year by using all three methods:
(a) adjusted accounting profits;
(b) cash inflow/cash outflow analysis; and
(c) the depreciation tax shield approach. (enter your answers in millions rounded to 2 decimal places.) method cash flow adjusted accounting profits $ million cash inflow/cash outflow analysis million depreciation tax shield approach million
Answers: 1
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Tubby toys estimates that its new line of rubber ducks will generate sales of $7.20 million, operati...
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