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You run a chain of clothing stores that sells sports apparel including Andy Reid hoodies. This quarter, you buy 1 , 0 0 0 ,

You run a chain of clothing stores that sells sports apparel including Andy Reid hoodies. This quarter, you buy 1,000,000 hoodies at a price of $30.00 each. For the next two quarters, you sell 500,000 hoodies each quarter for $60.00 each. The combined corporate tax rate is 30%. Find cash flows for all three quarters.

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1 Quarter 1 Purchase Quarter Quantity of hoodies purchased 1000000 hoodies Cost per hoodie 3000 Tota... blur-text-image

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