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Calculate the total cash flow

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Question - The multinational company Ozi Ltd. anticipates 44 million Australian dollars (A$) incomes from the local business next year. It forecasts next year 81 million Japanese yen (YEN), 54 million Indian rupee (INR) and 31 million Malaysian ringgit (MYR) earnings of its subsidiaries in Japan, Indian and Malaysia, respectively.  Due to foreign currency higher interest rate, its subsidiaries invest 52 per cent of their earnings in the country where they reside, and remaining incomes remit to the Australian parent. Calculate the total A$ cash flow if Ozi expects the next year value of YEN, INR and MYR are A$0.0287, A$0.0638 and A$0.6254, respectively.

Reference no: EM132975072

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