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 free cash flow from Shepard Industries project in year one is closest to:
A) $240
B) $300
C) -$5
D) $390

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 free cash flow from Shepard Industries project in year one is closest to:
A) $240 
B) $300 
C) -$5 
D) $390

Quizplus · Accepted Answer

A)
 11ea7e60_1598_3cef_ba34_ffc9802b4724_TB1624_00

Use the Information for the Question(s) Below