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Tubby Toys estimates that its new line of rubber ducks will generate sales of $8.60 million, operating costs of $3.60 million, and a depreciation expansive

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Tubby Toys estimates that its new line of rubber ducks will generate sales of $8.60 million, operating costs of $3.60 million, and a depreciation expansive of 5.60 million. Assume the tax rate is 30%. a. Calculate the operating cash flow for the year by using at three methods: (a) adjusted accounting profits: b) cash inflow cash outflow analysis: and (e) the depreciation tax shield approach. (Enter your answers in millions rounded to 2 decimal places) Are the above answer equal? Yes No

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