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evince textile recently made a large investment to upgrade its production facilities by sacrificing dividend payment to its shareholders . although these improvements wont have

evince textile recently made a large investment to upgrade its production facilities by sacrificing dividend payment to its shareholders . although these improvements wont have much of an impact on performance in short run, they are expected to reduce future costs significantly. what impact will this investment have on evince textiles earnings per share? what impact might this investment have on the company s intrinsic value and stock price?

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