Toyota company with extensive car related operations in Oman sends the profits it generates in Oman every month to On an average the company converts 2 million Rials into dollar and then into yen every month for transmission to Japan. Toyota finance manager is worried about the extreme fluctuations in the dollar – yen rate. Write in only one sentence, how Toyota can stabilize its cash flows

Toyota company with extensive car related operations in Oman sends the profits it generates in Oman every month to On an average the company converts 2 million Rials into dollar and then into yen every month for transmission to Japan. Toyota finance manager is worried about the extreme fluctuations in the dollar – yen rate. Write in only one sentence, how Toyota can stabilize its cash flows

International Financial Management

14th Edition

ISBN:9780357130698

Author:Madura

Publisher:Madura

Chapter14: Multinational Capital Budgeting

Section: Chapter Questions

Problem 3ST

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JAPEX, a Japanese company with extensive oil related operations in Oman sends the profits it generates in Oman every month to On an average the company converts 2 million Rials into dollar and then into yen every month for transmission to Japan. Japex finance manager is worried about the extreme fluctuations in the dollar – yen rate. Write in only one sentence, how Japex can stabilize its cash flows ?
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