Multiple Choice
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 one is closest to:
A) $360 million.
B) $750 million.
C) $595 million.
D) $510 million.
Correct Answer:

Verified
Correct Answer:
Verified
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