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 incremental EBIT for the Shepard Industries project in year two is closest to:
A) $415
B) $875
C) $595
D) $510
Correct Answer:
Verified
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Shepard Industries
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