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The multinational company Ozi Ltd. anticipates 46 million Australian dollars (A$) incomes from the local business next year. It forecasts next year 84 million
The multinational company Ozi Ltd. anticipates 46 million Australian dollars (A$) incomes from the local business next year. It forecasts next year 84 million Japanese yen (YEN), 56 million Indian rupee (INR) and 38 million Malaysian ringgit (MYR) earnings of its subsidiaries in Japan, Indian and Malaysia, respectively. Due to foreign currency higher interest rate, its subsidiaries invest 59 per cent of their earnings in the country where they reside, and remaining incomes remit to the Australian parent. Calculate the total A$ cash flow if Ozi expects the next year value of YEN, INR and MYR are A$0.0203, A$0.0690 and A$0.6074, respectively. (enter the whole number with no sign or symbol)
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