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Fuzzy Toys estimates that its new line of rubber ducks will generate sales of $7.6 million, operating costs of $4.6 million, and a depreciation expense
Fuzzy Toys estimates that its new line of rubber ducks will generate sales of $7.6 million, operating costs of $4.6 million, and a depreciation expense of $1.6 million. Assume the tax rate is 35%. Calculate cash flow for the year by using all three methods: (I) adjusted accounting profits; (II) cash inflow/cash outflow analysis; and (III) the depreciation tax shield approach.
1) CF= =$..................m
2) CF= =$...................m
3) CF= =$.................. m
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