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Calculate the total australian dollar cash flow

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Question - Perth International  Co., an Australian multinational company, forecasts 60 million Australian dollars (A$) earnings each year in the next three years.  It expects 56 million Chinese yuan (CNY), 42 million Indian rupees (INR) and 35 million Malaysian ringgit (MYR) proceeds from its three subsidiaries in year one. It also forecasts the year-one exchange rates A$0.3721/CNY, A$0.0405/INR and A$0.5249/MYR.

Calculate the total Australian dollar (A$) cash flow for year one.

Reference no: EM133273962

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