Tubby Toys estimates that its new line of rubber ducks will generate sales of $6

Question

Tubby Toys estimates that its new line of rubber ducks will generate sales of $6.6 million, operating costs of $3.6 million, and a depreciation expense of $0.6 million. Assume the tax rate is 30%. a. Calculate cash flow for the year by using all three methods: (a) adjusted accounting profits; (b) cash inflow/cash outflow analysis; and (c) the depreciation tax shield approach. (Enter your answers in millions rounded to 2 decimal places.) Method Cash Flow Adjusted accounting profits $ ---------million Cash inflow/cash outflow analysis $-------- million Depreciation tax shield approach $--------million -------------------------------------------------------------------------------- b. Are the above answers equal? Yes or no

Explanation / Answer

you are offering too little points for this question

Related Questions

Navigate

• Browse (All)
• Browse T
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.