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Quick Computing installed its previous generation of computer chip manufacturing equipment 3 years ago. Some of equipment will become unnecessary when the company goes into

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Quick Computing installed its previous generation of computer chip manufacturing equipment 3 years ago. Some of equipment will become unnecessary when the company goes into production of its new product. The obsolete equipment, which originally cost $40.5 million, has been depreciated straight-line over an a million The firm's tax rate is 40%, what is the after-tax cash flow from the sale of the equipment? (Enter your answer in millions ssumed tax life of 5 years, but it can be sold now for $18.1 rounded to 1 decimal place. ter-tax cash towmillion

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