Question 14 1 pts Biloxi Co. is a U.S. firm that has a subsidiary in China. The subsidiary reinvests 70% of its net cash flows into operations and remits 30% to the parent. Biloxi Co. has expected cash flows from domestic business equal to $20,000,000 and the Chinese subsidiary is expected to generate 100 million Chinese uan at the end of the year. The expected value of yuan at the end of the is $.20. The expected dollar cash flows of the parent of Biloxi Co. in onerare $ _ million. 40 O 36 1 0 30