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Shepard Industries Is Evaluating a Proposal to Expand Its Current

question 102

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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) . 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 Shepard Industries project in year 1 is closest to ________. A)  $84 million B)  $104 million C)  $83 million D)  $69 million The depreciation tax shield for Shepard Industries project in year 1 is closest to ________.


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