Use the information for the question(s)below.
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 depreciation tax shield for Shepard Industries project in year 1 is closest to:
A)$84
B)$168
C)$96
D)$72

Question

Use the information for the question(s)below.
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 depreciation tax shield for Shepard Industries project in year 1 is closest to:
A)$84 
B)$168 
C)$96 
D)$72

Quizplus · Accepted Answer

The Answer of Use the information for the question(s)below.
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 depreciation tax shield for Shepard Industries project in year 1 is closest to:
A)$84 
B)$168 
C)$96 
D)$72

Use the Information for the Question(s)below