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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
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 Year Revenues Operating Expense Depreciation Increase in working capital Capital expenditures Marginal corporate tax rate What is the free cash flow from Shepard Industries project in year one and two?
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
Year
Revenues
Operating Expense
Depreciation
Increase in working
capital
Capital expenditures
Marginal corporate tax
rate
What is the free cash flow from Shepard Industries project in year one and two?
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