Question

Perth International Co., an Australian multinational company, forecasts 68 million Australian dollars (A$) earnings next year (i.e., year-one). It expects 58 million Chinese yuan (CNY), 42 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$0.3568/CNY, A$0.0413/INR and A$0.6574/MYR. Calculate the total Australian dollar (A$) cash flow for year-one. (enter the whole number with no sign or symbol)

Answer 1

Calculate total australian dollar cash flow for year one
Currency	Amount	Amount in australian dollar
Chinese yuan	58000000	20,694,400	58*0.3568
Indian rupee	42000000	1,734,600	42*0.0413
Malaysian ringgit	40000000	26,296,000	40*0.6574
Total		48,725,000
Thus, total australian dollar cash flow in year one is 48,725,000