The multinational company Ozi Ltd. anticipates 43 million Australian dollars (A$) incomes from the local business next
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The multinational company Ozi Ltd. anticipates 43 million Australian dollars (A$) incomes from the local business next year. It forecasts next year 88 million Japanese yen (YEN), 55 million Indian rupee (INR) and 33 million Malaysian ringgit (MYR) earnings of its subsidiaries in Japan, Indian and Malaysia, respectively. The subsidiaries remit 52 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$0.0380, A$0.0512 and A$0.4135, respectively. (enter the whole number with no sign or symbol)
Related Book For
Statistics for Management and Economics Abbreviated
ISBN: 978-1285869643
10th Edition
Authors: Gerald Keller
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