Americo's EPS Sensitivity to Exchange Rates (B). Americo is a U.S.-based multinational manufacturing firm with wholly-owned subsidiaries in Brazil, Germany, and China, in addition to domestic operations in the United States. Americo is traded on the NASDAQ. Americo currently has 655,000 shares outstanding. The basic operating characteristics of the various business units is as follows: (Click on the icon to import the table into a spreadsheet.) D Brazilian Business Performance (000s) U.S. Parent (US$) Subsidiary German Subsidiary Chinese Subsidiary (R$) () (V) Earnings before taxes (EBT) $4,490 R$6,330 4,440 2,530 Corporate income tax rate 35% . Average exchange rate for the 25% R$1.7666/$ 40% 0.7737/$ 30% 7.7363/$ period VISSING Business Performance (000s) Earnings before taxes (EBT) U.S. Parent (US$) Subsidiary Subsidiary Subsidiary (R$) () M $4,490 R$6,330 4,440 2,530 Corporate income tax rate 35% 25% 40% 30% Average exchange rate for the period R$1.7666/$ 0.7737/$ 7.7363/$ Americo must pay corporate income tax in each country in which it currently has operations. a. After deducting taxes in each country, what are Americo's consolidated earnings and consolidated earnings per share in U.S. dollars? .b. Assume a major political crisis wracks Brazil, first affecting the value of the Brazilian reais and, subsequently, inducing an economic recession within the country. What would be the impact on Americo's consolidated EPS if the Brazilian reals were to fall in value to R$3.0104/$, earnings before taxes in Brazil fell as a result of the recession to R$5,730,000? a. After deducting taxes in each country, what are Americo's consolidated earnings and consolidated earnings per share in U.S. dollars? Calculate the business performance per country below: (Round to two decimal places. Round exchange rates to four decimal places.) Business Performance (000s) Earnings before taxes (local currency) Less corporate income taxes Net profits of individual subsidiary U.S. Parent Company $ $ S Avg exchange rate for the period (fc/5) Net profits of individual subsidiary