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Question 1 Perth International Co . , an Australian multinational company, forecasts 6 1 million Australian dollars ( A$ ) earnings next year ( i

Question 1
Perth International Co.,an Australian multinational company, forecasts 61million Australian dollars (A$)earnings next year (i.e.,year-one). It expects 57million Chinese yuan (CNY),44million Indian rupees (INR)and 35million Malaysian ringgit (MYR)proceeds of its three subsidiaries in year-one. It also forecasts the year-one exchange rates A$0.2827/CNY,A$0.0444/INR and A$0.5795/MYR.
Calculate the total Australian dollar (A$)cash flow for year-one.

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