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(Solved): Perth International Co., an Australian multinational company, forecasts 61 million Australian dolla ...



Perth International Co., an Australian multinational company, forecasts 61 million Australian dollars (A$) earnings next year (i.e., year-one). It expects 57 million Chinese yuan (CNY), 44 million Indian rupees (INR) and 35 million Malaysian ringgit (MYR) proceeds of its three subsidiaries in year-one. It also forecasts the year-one exchange rates A$0.2827/CNY, A$0.0444/INR and A$0.5795/MYR. Calculate the total Australian dollar (A$) cash flow for year-one.



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