Perth International Co., an Australian multinational company, forecasts 64 million Australian dollars (A$) earnings next...
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Perth International Co., an Australian multinational company, forecasts 64 million Australian dollars (A$) earnings next year (i.e., year-one). It expects 59 million Chinese yuan (CNY), 45 million Indian rupees (INR) and 40 million Malaysian ringgit (MYR) proceeds of its three subsidiaries in year-one. It also forecasts the year-one exchange rates A$0.2221/CNY, A$0.0311/INR and A$0.5341/MYR. Calculate the total Australian dollar (A$) cash flow for year-one. (enter the whole number with no sign or symbol)
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