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1) North is a US company based in Denver, with subsidiaries in Turkey and India. North is expected to generate US$5 mn from its US

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1) North is a US company based in Denver, with subsidiaries in Turkey and India. North is expected to generate US$5 mn from its US operations each year in the next 6 years, TL7 mn from its Turkey operations each year in the next 6 years and TL INR8 mn from India operations in the next 6 years. Note that USDTL is TL13 in the first year and TL is expected to depreciate by 10% each year in the next 6 years. Meanwhile INRUSD is expected stay flat at 0.017 for the next 6 years. Calculate the cashflow of North in the next 6 years

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