Al quick the president of a new york stock exchange-listed, Finance Basics

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Al quick the president of a new york stock exchange-listed

Question: Al Quick, the president of a New York Stock Exchange-listed firm, is very short term oriented and interested in the immediate consequences of his decisions. Assume a project that will provide an increase of $2 million in cash flow because of favorable tax consequences, but carries a two-cent decline in earnings per share because of a write-off against first quarter earnings. What decision might Mr. Quick make?

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