Question: Please answer correctly. Elmdale Enterprises is deciding whether to expand its production facilities. Although long-term cash flows are difficult to estimate, management has projected the

Please answer correctly. Elmdale Enterprises is deciding whether to expand its production

Please answer correctly.

Elmdale Enterprises is deciding whether to expand its production facilities. Although long-term cash flows are difficult to estimate, management has projected the following cash flows for the first two years (in millions of dollars): (Click on the following icon in order to copy its contents into a spreadsheet.) a. What are the incremental earnings for this project for years 1 and 2 ? b. What are the free cash flows for this project for the first two years? a. What are the incremental earnings for this project for years 1 and 2 ? The incremental earnings for year 1 is $ million. (Round to one decimal place.)

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