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MSTER vane at the end of year ANT Question 3 12 pts Revenue in year 1 is 100.000 and grows at an annual rate of

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MSTER vane at the end of year ANT Question 3 12 pts Revenue in year 1 is 100.000 and grows at an annual rate of 10 percent Cost of goods sold is 60 percent of revenue operating expenses 30 percent of revenue and advertising expenses are 7.000 and 9,000 in years 1 and 2, respectively. The applicable tax rate is 35 percent. Calculate the operating cash flows for years 1 and 2. Operating cash flows for year 1 Operating cash flows for year 2

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