The flaw that Joe, the CEO of Theo Chocolate, discovered in his company's early strategy was that it: a. aimed to manufacture only mainstream chocolate varieties. b. failed to align with the wants of mainstream consumers. c. failed to excite and motivate employees. d. aimed to sell chocolate bars through grocery stores.

Quick computing currently sells 12 million computer chips each year at a price of $19 per chip. it is about to introduce a new chip, and it forecasts annual sales of 22 million of these improved chips at a price of $24 each. however, demand for the old chip will decrease, and sales of the old chip are expected to fall to 6 million per year. the old chips cost $10 each to manufacture, and the new ones will cost $14 each. what is the proper cash flow to use to evaluate the present value of the introduction of the new chip? (enter your answer in millions.)