Question
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
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 free cash flow from Shepard Industries project in year two is closest to:
| -$5 | ||
| $345 | ||
| $275 | ||
| $455 |
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Fundamentals Of Health Care Financial Management
Authors: Steven Berger
4th Edition
1118801687, 978-1118801680
