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Memphic Memphic
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6 years ago
The incremental EBIT for the Shepard Industries project in year two is closest to:
A) $415
B) $875
C) $595
D) $510
Textbook 
Corporate Finance: The Core

Corporate Finance: The Core


Edition: 4th
Authors:
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Replies
wrote...
6 years ago
C
Explanation:  C)
Revenues   1200   1400
- Expenses   450   525
- Depreciation   240   280
= EBIT   510   595
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