Question
In year-three, Perth International has a plan to expand the business in China, India and Malaysia. Consequently, it forecasts an 9.31 per cent increase in
In year-three, Perth International has a plan to expand the business in China, India and Malaysia. Consequently, it forecasts an 9.31 per cent increase in year-one earnings of its subsidiaries in year-three. Perth International anticipates 3.87 per cent, 7.83 per cent, 11.79 per cent and 9.94 per cent inflation in Australia, China, Indian and Malaysia, respectively, in year-three. It considers the Purchasing power parity to calculate the value of CNY, INR and MYR against the Australian dollar in year-three using the year-two exchange rates A$/CNY, A$/INR, and A$/MYR.
What is the total Australian dollar (A$) cash flow for year-three? (enter the whole number with no sign or symbol)
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