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Elmdale Enterprises is deciding whether to expand its production facilities. Although long - term cash flows are difficult to estimate, management has projected the following

Elmdale Enterprises is deciding whether to expand its production facilities. Although long-term cash flows are difficult
to estimate, management has projected the following cash flows for the first two years (in millions of dollars): .
a. What are the incremental earnings for this project for years 1 and 2?
b. What are the free cash flows for this project for the first two years?
a. What are the incremental earnings for this project for years 1 and 2?
The incremental earnings for year 1 is $ million. (Round to one decimal place.)
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