Question: Please answer the question very quickly in 10 mins please help me i begg you Pleaseee help me i beg you . Teachers are providing

Please answer the question very quickly in 10 mins please help me i begg you

Pleaseee help me i beg you . Teachers are providing wrong answer

The Brazilian subsidiary of a Canadian company has Before Tax earnings of BRL 30 million. Corporate Tax rate in Brazil is 25%. The brazilian establishment charges an yearly depreciation of BRL 4 Million. If the subsidiary remits all the after tax cash flow to the Canadian parent, what will be the CAD cash inflow from the Brazilian subsidiary if BRL/CAD is 0.2366?

		$4.38 Million
		$ 6.27 Million
		$ 8.53 Million
		$5.32 Million

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