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42. Harris Corp. has a subsidiary in Malaysia. The subsidiary reinvests quarter of its net cash flows into operations and remits the other three quarter

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42. Harris Corp. has a subsidiary in Malaysia. The subsidiary reinvests quarter of its net cash flows into operations and remits the other three quarter to the parent. Harris Corp. expected cash a. b. flows from domestic business are $400,000 and the Malaysian subsidiary is expected to generate 2 million Malaysian ringgits at the end of the year. The expected value of ringgit is $.25. What are the expected dollar cash flows of Harris Corp.? $525,000 $675,000 $775,000 $900,000 $1,900,000 C. d. e

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