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1. Explain the different types of counter trade. In many cases, counter trade deals involve not just one type, but have elements of two or more

2. Reasons why Venture Capital like companies that received government grants?

3. Tubby Toys estimates that its new line of rubber ducks will generate sales of $7.30 million, operating costs of $4.30 million, and a depreciation expense of $1.30 million. If the tax rate is 30%, what is the firm’s operating cash flow? (Enter your answer in millions rounded to 2 decimal places.)

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