Question
The multinational company Ozi Ltd. anticipates 43 million Australian dollars (A$) incomes from the local business next year. It forecasts next year 85 million Japanese
The multinational company Ozi Ltd. anticipates 43 million Australian dollars (A$) incomes from the local business next year. It forecasts next year 85 million Japanese yen (YEN), 55 million Indian rupee (INR) and 37 million Malaysian ringgit (MYR) earnings of its subsidiaries in Japan, Indian and Malaysia, respectively. The subsidiaries remit 60 per cent of their proceeds to the Australian parent. Calculate the total A$ cash flow if Ozi expects the next year value of YEN, INR and MYR are A$0.0303, A$0.0624and A$0.6803, respectively. (enter the whole number with no sign or symbol)
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