contestada

ebook biloxi co. is a u.s. firm that has a subsidiary in china. the subsidiary reinvests half of its net cash flows into operations and remits half to the parent. biloxi co. has expected cash flows from domestic business equal to $8,000,000 and the chinese subsidiary is expected to generate 135 million chinese yuan at the end of the year. the expected value of yuan at the end of the year is $0.14. what are the expected dollar cash flows of the parent of biloxi co. in one year? round your answer to the nearest dollar, if necessary. $

Respuesta :

khuranashilpa76

The expected dollar cash flow is  $174,500,00.

A cash flow is an actual or virtual motion of money, coins flow in its narrow experience is a fee, especially from one important financial institution account to any other; the term 'cash drift' is often used to describe it.

Cash flows from domestic businesses equal $8,000,000.

The Chinese subsidiary is expected to generate 135 million.

The expected value of the yuan at the end of the year is $0.14.

Expected dollar cash flows = Domestic business cash flows + Cash flows remitted by a subsidiary.

Cash flows remitted by subsidiary = ($135 million / 2) * $0.14 = $9450,000

Expected dollar cash flows = $8,000,000 + $9450,000 = $174,500,00

Hence, the expected dollar cash flow is  $174,500,00.

Learn more about cash flow here:-https://brainly.com/question/735261

#SPJ4

Otras preguntas