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Tubby Toys estimates that its new line of rubber ducks will generate sales of $7.50 million, operating costs of $4.50 million, and a depreciation expense
Tubby Toys estimates that its new line of rubber ducks will generate sales of $7.50 million, operating costs of $4.50 million, and a depreciation expense of $1.50 million. If the tax rate is 30%, what is the firms operating cash flow? (Enter your answer in millions rounded to 2 decimal places.)
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