8. Oracle reports the following in footnotes to its 2012 form 10-K. Disclosed in the table below is geographic information for each country that comprised greater than three percent of our total revenues for fiscal 2012, fiscal 2011 or fiscal 2010. (in millions) United States United Kingdom Japan Germany Canada Australia France Other foreign countries Total As of and for the Year Ended May 31, 2012 2011 Long Lived Long Lived Revenues Assets (1) Revenues Assets (1) $15,767 $2,468 $15,274 $2,359 2,302 171 2,200 168 1,865 550 1,731 551 1,484 47 1,475 29 1,234 37 1,174 16 1,163 38 1,041 34 1,162 16 1,145 15 12,144 741 11,582 661 $37,121 $4,068 $35,622 $3,833 2010 Long Lived Revenues Assets (1) $11,472 $2,141 1,685 136 1,349 505 1,112 20 888 10 687 28 965 24 8,662 632 $26,820 $3,496 (1) Long-lived assets exclude goodwill, intangible assets, equity investments and deferred taxes, which are not allocated to specific geographic locations as it is impracticable to do so. a. What proportion of Oracle's total revenue is potentially exposed to foreign currency risk? b. Assume that Oracle does not undertake any measures to reduce its foreign currency exposure. If the U.S. dollar strengthens on average 10% vis--vis the European currencies in which the company transacts, and weakens 5% relative to the Japanese yen, what will be the impact on revenues in 2012? C. Explain what steps Oracle can take to reduce its foreign currency risk