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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 longterm cash flows are difficult to estimate, management has projected the following cash flows for the first two years in millions of dollars:a points What are the incremental earnings for this project for years and b points What are the free cash flows for this project for the first two years?
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