in the above poyrug labien. project looks more promining? and tho dollar ampeint to the nearest cent.) Doohicky Devices. Doohickey Devices, Inc., manufactures design components for personal computers. Untii the present, manufacturing has been subcontract other companies, but for reasons of quality control Doohicky has decided to manufacture the components itself in Asia. Analysis has narrowed the choice to two possibilities. Penang. Malaysia, and Manila, the Philippines. At the moment only the summary of expected, affer-tax, cash flows displayed in the popup table, available. Although most operating outflows would be in Malaysian ringgit or Philippine pesos, some additional U.S dollar cash outhows would be necessary, as in the above popup table. The Malaysia ringgit currently trades at RM3.9251/S and the Philippine peso trades at Ps48.96/S. Doohicky expects the Malaysian ringgit to appreciate 2.2% per against the dollar, and the Philippine peso to depreciate 5.2%. per year against the dollar. If the weighted average cost of capital for Doohicky Devices is 14.5%, projoct looks more promising? Calculate the net dollar cash flows from the operations in Penang. Malysia for years 2012 through 2014 below. (Round the exchange rate to four decirnal places and the dollar amount to the nearest cent.) Data table other companieb, but for reasons of quality control Doohicky has decided to manufacture the components itself in Asia. Analysis has narrowed the choice to fwo possibilities. Penang. Malaysia, and Manila, the Philippines. At the moment only the summary of expected, after-tax, cash flows displayed in the popup table, available. Although most operating outflows would be in Malaysian ringgit or Philippine posos, some additional U.S. dollar cash outflows would be necessary, as in the above popup table. The Malaysia ringgit currently trades at RM3 9251/5 and the Philippine poso trades at PyA8.961s. Doohicky expects the Malaysian ringgit to approciate 2.2% per againat the dollar, and the Phillppine peso to depreciato 5.2% per year against the dollar. If the weighted average cost of capital for Doohicky Devices is .14.5\%, w project looks more promising? other comparies, but for roassons of qualty control Doohicky has docided to manufacture the components ittelf in Asia. Arsalysis has narrowed the choice to fwo powsbilities, Fenang. Malaysin; and Marila, the Philipgines. At the moment only the summary of oxpected, after-fax, cash flows disptayed in the popup table, avalable. Alhough most operaling oulflows would be in Malaysian ringgit or Philippine pesios, some addilional U.S. doltar cash outflows would be necossary, as show in the above popap table. The Malaysia ringgit currently Irades at RM3.9251/5 and the Phillppine peso trades at Put8.96/5. Doohicky expects the Malaysian ringgit to appreciate 2.2% per year against the dollag, and the Prilippine peso to depreciate 5.2% por year against the dollar. If the woighted averago cost of capital for Dochicky Devices is 14.5%, which project looks more promising? Calculate the net dollar cash flows from the operations in Penang. Malymia for years 2012 through 2014 below: (Rourid the exchange fate to four decirtal places and the dollar amourt to the nearent cert.)