Time Remaining Show Question 2 Energy Power is an Australian mining company which mines coal...

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Time Remaining Show Question 2 Energy Power is an Australian mining company which mines coal and export most of its production to several countries (detail below). During 2019 the total revenue for the company was 110 million Australian dollar (AUD). However, after Covid-19 hit the world economy the company experienced a decline in demand from several countries during 2020 Bilateral exchange rates with export countries also have fluctuated significantly as shown below. final... Energy Power Cashflow 2019 and 2020 Source Share of total production when converted to Australian dollars (2019) Average exchange rates for the year 2019 4.80 75.82 48.95 Export to China Export to Japan Export to India Sell to the Australian market Total revenue Average exchange rates for the year 2020 4.76 73.83 51.15 52% 29% 15% 4% 100% (110 million AUD) Using the information provided, answer the following questions: 2.1 Australia has scaled back its expectations for record export revenue from energy in the 2019/20 financial year as trade tariffs slow global economic growth, Australia's Department of Industry said in its latest quarterly report. Assuming that the share of exports and domestic consumption for Energy Power remains unchanged from 2019 to 2020. Estimate: the cash flow in terms of Australian dollars for Energy Power using 2020 exchange rates. [15 marks]

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