Use the information for the question(s)below.
Shepard Industries is evaluating a proposal to expand its current distribution facilities.Management has projected the project will produce the following cash flows for the first two years (in millions).
-The depreciation tax shield for the Shepard Industries project in year one is closest to:
A)$59 million.
B)$168 million.
C)$96 million.
D)$50 million.

Question

Use the information for the question(s)below.
Shepard Industries is evaluating a proposal to expand its current distribution facilities.Management has projected the project will produce the following cash flows for the first two years (in millions). 
-The depreciation tax shield for the Shepard Industries project in year one is closest to:
A)$59 million. 
B)$168 million. 
C)$96 million. 
D)$50 million.

Quizplus · Accepted Answer

The Answer of Use the information for the question(s)below.
Shepard Industries is evaluating a proposal to expand its current distribution facilities.Management has projected the project will produce the following cash flows for the first two years (in millions). 
-The depreciation tax shield for the Shepard Industries project in year one is closest to:
A)$59 million. 
B)$168 million. 
C)$96 million. 
D)$50 million.

Use the Information for the Question(s)below