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Perth International Co., an Australian multinational company, forecasts 68 million Australian dollars (A$) earnings each year in the next three years. It expects 59 million
Perth International Co., an Australian multinational company, forecasts 68 million Australian dollars (A$) earnings each year in the next three years. It expects 59 million Chinese yuan (CNY), 44 million Indian rupees (INR) and 39 million Malaysian ringgit (MYR) proceeds from its three subsidiaries in year one. It also forecasts the year-one exchange rates A$0.3414/CNY, A$0.0487/INR and A$0.6421/MYR.
Calculate the total Australian dollar (A$) cash flow for year one.
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