Question
Americo is aU.S.-based multinational manufacturing firm with wholly-owned subsidiaries inBrazil, Germany, andChina, in addition to domestic operations in the United States. Americo is traded on
Americo is aU.S.-based multinational manufacturing firm with wholly-owned subsidiaries inBrazil, Germany, andChina, in addition to domestic operations in the United States. Americo is traded on the NASDAQ. Americo currently has 653,000 shares outstanding. The basic operating characteristics of the various business units is asfollows:
What would be the impact onAmerico's consolidated EPS if all foreign currencies were to appreciate 19% against the U.S.dollar?
**I NEED HELP FINISHING THE Avg exchange rate for the period (fc/$) OF THE Net profits of individual subsidiary WITH 19%**
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