Question: please answer a and b Elmdale Enterprises is deciding whather to expand its production facilities. Although long-term cash flows are ditficult to estimate, management has


Elmdale Enterprises is deciding whather to expand its production facilities. Although long-term cash flows are ditficult to estimate, management has projected the following cash flows for the first two years (in mililions of dollars): a. What are the incremental earnings for this project for years 1 and 2? (Nofe: Assume any incremental cost of goods sold is included as part of operating expenses.) b. What are the free cash flows for this projoct for years 1 and 2 ? a. What are the incremental earnings for this project for years 1 and 2 ? (Note: Assume any incremental cost of goods sold is inchuded as part of operating oxponsos.) Data table
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