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. Intro Thornton Industries is a U.S. firms with operations in France. The company expects the following cash flows: U.S. sales of $110 million U.S.
. Intro Thornton Industries is a U.S. firms with operations in France. The company expects the following cash flows: U.S. sales of $110 million U.S. cost of goods sold of $60 million U.S. interest expenses of $12 million Selling, general and administrative expenses of $30 million French sales of 80 million French cost of goods sold of 12 million French interest expenses of $2 million . The company expects the euro exchange rate to be one of three possible values: $0.95 per euro, $1.05 per euro, or $1.15 per euro. Part 1 "Attempt 1/10 for 9 pts. What is the cash flow before taxes if the exchange rate turns out to be $0.95 per euro (in $ million)? 0+ decima Submit Part 2 - Attempt 1/10 for 9 pts. What is the cash flow before taxes if the exchange rate turns out to be $1.05 per euro (in $ million)? 0+ decima Submit Part 3 Attempt 1/10 for 9 pts. What is the cash flow before taxes if the exchange rate turns out to be $1.15 per euro (in $ million)? 0+ decima Submit
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