Answered

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XYZ Corp. has operations in US (parent) as well as in Italy and India. XYZ is expecting to earn $200,00 cash flows from US business operations; 200,000 Italian Liras from England business operations; and 150,000 British Pounds from England's business operations by this year end. The Italian Lira's value is expected as $0.83 and British Pound value is expected as $1.29 at the yearend. How much total cash flow XYZ is expecting by the end of this year?

Group of answer choices
a. $559,500
b. $393,500
c. $582,500
d. $200,000
e. $550,000

Sagot :

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