Question: Problem 9 - 5 Cash Flows ( LO 2 ) Tubby Toys estimates that its new line of rubber ducks will generate sales of $

Problem 9-5 Cash Flows (LO2)
Tubby Toys estimates that its new line of rubber ducks will generate sales of $6.00 million, operating costs of $3.00 million, and a
depreciation expense of $0.20 million. If the tax rate is 30%, what is the firm's operating cash flow?
Note: Do not round your intermediate calculations. Enter your answer in millions rounded to 2 decimal places.
Firm's operating cash flow
million
 Problem 9-5 Cash Flows (LO2) Tubby Toys estimates that its new

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