EuroVirtual's EPS Sensitivity to Exchange Rates (A). EuroVirtual is a French-based multinational IT firm. In addition to its home operations in France, EuroVirtual owns and operates subsidiaries in Switzerland, the United Kingdom and Denmark. It has 645,000 shares currently outstanding on the pan-European stock exchange Euronext. The following table summarizes the business performance of EuroVirtual: (Click on the icon to import the table into a spreadsheet.) French Parent Company (euros, C) Swiss Subsidiary (Swiss franc, CHF) UK Subsidiary (British Pound, GBP) Danish Subsidiary (Danish krone, DKK) 4.40 Eamings before taxes (EBT) in 000s of domestic currency Corporate income tax rate Average cross rate per EUR1 2,510 33.3% 25% 10358 2,140 20% 0.7336 4,500 23% 7.5291 EuroVirtual pays different tax rates for each of its country operations. a) What are its earnings per share in EUR after deducting taxes? b) Assume a major weather crisis hits Switzerland, reducing its agricultural and food industries and subsequently leading to a macroeconomic recession, and by extension weakening the Swiss franc. What would be the impact on EuroVirtual's consolidated EPS if, in addition to the fall in the value of the franc to CHF1.20 / , earnings before taxes in Switzerland fell as a result of the recession by half? a) What are its earnings per share in EUR after deducting taxes? First, calculate net profits of individual subsidiaries in local currency below. (Round to two decimal places) French Parent Swiss UK Danish Subsidiary Business Performance (000s) Company () Subsidiary (CHF) Subsidiary (DKK) (GBP) Earnings before taxes, EBT 2,510 00 440 00 2.140.00 4.500.00 Less corporate income taxes 33.3% 25% 20% 23% Net profits in local currency EuroVirtual's EPS Sensitivity to Exchange Rates (A). EuroVirtual is a French-based multinational IT firm. In addition to its home operations in France, EuroVirtual owns and operates subsidiaries in Switzerland, the United Kingdom, and Denmark. It has 645,000 shares currently outstanding on the pan-European stock exchange: Euronext. The following table summarizes the business performance of EuroVirtual: (Click on the icon to import the table into a spreadsheet) French Parent Company (euros, C) Swiss Subsidiary (Swiss franc, CHF) UK Subsidiary (British Pound, GBP) Danish Subsidiary (Danish Krone, DKK) Earnings before taxes (EBT) in 000s of domestic currency Corporate income tax rate Average cross rate per EUR1 2,510 33.3% 440 25% 1.0358 2,140 20% 0.7336 4,500 23% 7.5291 EuroVirtual pays different tax rates for each of its country operations. a) What are its earnings per share in EUR after deducting taxes? b) Assume a major weather crisis hits Switzerland, reducing its agricultural and food industries and subsequently leading to a macroeconomic recession, and by extension weakening the Swiss franc. What would be the impact on EuroVirtual's consolidated EPS if, in addition to the fall in the value of the franc to CHF1.20/, earnings before taxes in Switzerland fell as a result of the recession by half? Following, calculate net profits of individual subsidiaries in euros below: (Round to two decimal places) French Parent Swiss UK Danish Company Subsidiary (CHF) Subsidiary (GBP) Subsidiary (DKK) Business Performance (000s) () Net profits in local currency Average exchange rate (fc/euro) 1.0358 0.7336 7.5291 Net profits in euros EuroVirtual's EPS Sensitivity to Exchange Rates (A). EuroVirtual is a French-based multinational IT firm. In addition to its home operations in France, EuroVirtual owns and operates subsidiaries in Switzerland, the United Kingdom, and Denmark. It has 645,000 shares currently outstanding on the pan-European stock exchange Euronext. The following table summarizes the business performance of EuroVirtual: (Click on the icon to import the table into a spreadsheet.) French Parent Company (euros, e) Swiss Subsidiary (Swiss franc, CHF) UK Subsidiary (British Pound, GBP) Danish Subsidiary (Danish Krone, DKK) 440 Earnings before taxes (EBT) in 000s of domestic currency Corporate income tax rate Average cross rate per EUR1 2,510 33.3% 25% 1.0358 2,140 20% 0.7336 4,500 23% 7.5291 EuroVirtual pays different tax rates for each of its country operations. a) What are its earnings per share in EUR after deducting taxes? b) Assume a major weather crisis hits Switzerland, reducing its agricultural and food industries and subsequently leading to a macroeconomic recession, and by extension weakening the Swiss franc. What would be the impact on EuroVirtual's consolidated EPS if, in addition to the fall in the value of the franc to CHF1.207 , earnings before taxes in Switzerland fell as a result of the recession by half? Next, we calculate the consolidated net profits in euros. The consolidated net profits in euros are (000s) (Round to two decimal places.) Last, we calculate the earnings per share in euros The amount of earnings per share in euros is . (Round to two decimal places.) b) Assume a major weather crisis hits Switzerland, reducing its agricultural and food industries and subsequently leading to a macroeconomic recession, and by extension weakening the Swiss franc. What would be the impact on EuroVirtual's consolidated EPS if in addition to the fall in the value of the franc to CHF1.207 . earnings before taxes in Switzerland fell as a result of the recession by half? EuroVirtual's EPS Sensitivity to Exchange Rates (A). EuroVirtual is a French-based multinational IT firm. In addition to its home operations in France, EuroVirtual owns and operates subsidiaries in Switzerland, the United Kingdom, and Denmark. It has 645,000 shares currently outstanding on the pan-European stock exchange Euronext. The following table summarizes the business performance of EuroVirtual (Click on the icon to import the table into a spreadsheet) French Parent Company (euros, ) Swiss Subsidiary (Swiss franc, CHF) UK Subsidiary (British Pound, GBP) Danish Subsidiary (Danish krone, DKK) 440 Earnings before taxes (EBT) in 000s of domestic currency Corporate income tax rate Average cross rate per EUR1 2,510 33.3% 25% 1.0358 2.140 20% 07336 4,500 23% 7.5291 EuroVirtual pays different tax rates for each of its country operations. a) What are its earnings per share in EUR after deducting taxes? b) Assume a major weather crisis hits Switzerland, reducing its agricultural and food industries and subsequently leading to a macroeconomic recession, and by extension weakening the Swiss franc. What would be the impact on EuroVirtual's consolidated EPS if, in addition to the fall in the value of the franc to CHF1 20/. earnings before taxes in Switzerland fell as a result of the recession by half? Calculate the new net profts in euros from the Swiss subsidiary below: (Round to two decimal places.) Swiss Subsidiary (CHF) Business Performance (000s) Earnings before taxes EBT Less porate incor taxes 25% Net profits in local currency 1.2000 Average exchange rate (fc/euro) Net profits in euros EuroVirtual's EPS Sensitivity to Exchange Rates (A). EuroVirtual is a French-based multinational IT firm. In addition to its home operations in France, EuroVirtual owns and operates subsidiaries in Switzerland, the United Kingdom, and Denmark. It has 645,000 shares currently outstanding on the pan-European stock exchange Euronext. The following table summarizes the business performance of EuroVirtual: (Click on the icon to import the table into a spreadsheet) French Parent Company (euros, C) Swiss Subsidiary (Swiss franc, CHF) UK Subsidiary (British Pound, GBP) Danish Subsidiary (Danish krone, DKK) 440 Earnings before taxes (EBT) in 000s of domestic currency Corporate income tax rate Average cross rate per EUR1 2.510 33.3% 25% 1.0358 2,140 20% 0.7336 4,500 23% 7.5291 EuroVirtual pays different tax rates for each of its country operations. a) What are its earnings per share in EUR after deducting taxes? b) Assume a major weather crisis hits Switzerland, reducing its agricultural and food ind stries subsequently leading a macroeconomic recession, and by extension weakening the Swiss franc. What would be the impact on EuroVirtual's consolidated EPS if, in addition to the fall in the value of the franc to CHF1.207 , earnings before taxes in Switzerland fell as a result of the recession by half? BLER Business Performance (000s) (CHF) Earnings before taxes, EBT Less corporate income taxes 25% Net profits in local currency Average exchange rate (fc/euro) 1 2000 Net profits in euros The new consolidated net profits in euros will be (0005) ). (Round to two decimal places ) The new earnings per share in euros will be (Round to two decimal places.) The earnings per share change from baseline is %. (Round to two decimal places.) EuroVirtual's EPS Sensitivity to Exchange Rates (A). EuroVirtual is a French-based multinational IT firm. In addition to its home operations in France, EuroVirtual owns and operates subsidiaries in Switzerland, the United Kingdom and Denmark. It has 645,000 shares currently outstanding on the pan-European stock exchange Euronext. The following table summarizes the business performance of EuroVirtual: (Click on the icon to import the table into a spreadsheet.) French Parent Company (euros, C) Swiss Subsidiary (Swiss franc, CHF) UK Subsidiary (British Pound, GBP) Danish Subsidiary (Danish krone, DKK) 4.40 Eamings before taxes (EBT) in 000s of domestic currency Corporate income tax rate Average cross rate per EUR1 2,510 33.3% 25% 10358 2,140 20% 0.7336 4,500 23% 7.5291 EuroVirtual pays different tax rates for each of its country operations. a) What are its earnings per share in EUR after deducting taxes? b) Assume a major weather crisis hits Switzerland, reducing its agricultural and food industries and subsequently leading to a macroeconomic recession, and by extension weakening the Swiss franc. What would be the impact on EuroVirtual's consolidated EPS if, in addition to the fall in the value of the franc to CHF1.20 / , earnings before taxes in Switzerland fell as a result of the recession by half? a) What are its earnings per share in EUR after deducting taxes? First, calculate net profits of individual subsidiaries in local currency below. (Round to two decimal places) French Parent Swiss UK Danish Subsidiary Business Performance (000s) Company () Subsidiary (CHF) Subsidiary (DKK) (GBP) Earnings before taxes, EBT 2,510 00 440 00 2.140.00 4.500.00 Less corporate income taxes 33.3% 25% 20% 23% Net profits in local currency EuroVirtual's EPS Sensitivity to Exchange Rates (A). EuroVirtual is a French-based multinational IT firm. In addition to its home operations in France, EuroVirtual owns and operates subsidiaries in Switzerland, the United Kingdom, and Denmark. It has 645,000 shares currently outstanding on the pan-European stock exchange: Euronext. The following table summarizes the business performance of EuroVirtual: (Click on the icon to import the table into a spreadsheet) French Parent Company (euros, C) Swiss Subsidiary (Swiss franc, CHF) UK Subsidiary (British Pound, GBP) Danish Subsidiary (Danish Krone, DKK) Earnings before taxes (EBT) in 000s of domestic currency Corporate income tax rate Average cross rate per EUR1 2,510 33.3% 440 25% 1.0358 2,140 20% 0.7336 4,500 23% 7.5291 EuroVirtual pays different tax rates for each of its country operations. a) What are its earnings per share in EUR after deducting taxes? b) Assume a major weather crisis hits Switzerland, reducing its agricultural and food industries and subsequently leading to a macroeconomic recession, and by extension weakening the Swiss franc. What would be the impact on EuroVirtual's consolidated EPS if, in addition to the fall in the value of the franc to CHF1.20/, earnings before taxes in Switzerland fell as a result of the recession by half? Following, calculate net profits of individual subsidiaries in euros below: (Round to two decimal places) French Parent Swiss UK Danish Company Subsidiary (CHF) Subsidiary (GBP) Subsidiary (DKK) Business Performance (000s) () Net profits in local currency Average exchange rate (fc/euro) 1.0358 0.7336 7.5291 Net profits in euros EuroVirtual's EPS Sensitivity to Exchange Rates (A). EuroVirtual is a French-based multinational IT firm. In addition to its home operations in France, EuroVirtual owns and operates subsidiaries in Switzerland, the United Kingdom, and Denmark. It has 645,000 shares currently outstanding on the pan-European stock exchange Euronext. The following table summarizes the business performance of EuroVirtual: (Click on the icon to import the table into a spreadsheet.) French Parent Company (euros, e) Swiss Subsidiary (Swiss franc, CHF) UK Subsidiary (British Pound, GBP) Danish Subsidiary (Danish Krone, DKK) 440 Earnings before taxes (EBT) in 000s of domestic currency Corporate income tax rate Average cross rate per EUR1 2,510 33.3% 25% 1.0358 2,140 20% 0.7336 4,500 23% 7.5291 EuroVirtual pays different tax rates for each of its country operations. a) What are its earnings per share in EUR after deducting taxes? b) Assume a major weather crisis hits Switzerland, reducing its agricultural and food industries and subsequently leading to a macroeconomic recession, and by extension weakening the Swiss franc. What would be the impact on EuroVirtual's consolidated EPS if, in addition to the fall in the value of the franc to CHF1.207 , earnings before taxes in Switzerland fell as a result of the recession by half? Next, we calculate the consolidated net profits in euros. The consolidated net profits in euros are (000s) (Round to two decimal places.) Last, we calculate the earnings per share in euros The amount of earnings per share in euros is . (Round to two decimal places.) b) Assume a major weather crisis hits Switzerland, reducing its agricultural and food industries and subsequently leading to a macroeconomic recession, and by extension weakening the Swiss franc. What would be the impact on EuroVirtual's consolidated EPS if in addition to the fall in the value of the franc to CHF1.207 . earnings before taxes in Switzerland fell as a result of the recession by half? EuroVirtual's EPS Sensitivity to Exchange Rates (A). EuroVirtual is a French-based multinational IT firm. In addition to its home operations in France, EuroVirtual owns and operates subsidiaries in Switzerland, the United Kingdom, and Denmark. It has 645,000 shares currently outstanding on the pan-European stock exchange Euronext. The following table summarizes the business performance of EuroVirtual (Click on the icon to import the table into a spreadsheet) French Parent Company (euros, ) Swiss Subsidiary (Swiss franc, CHF) UK Subsidiary (British Pound, GBP) Danish Subsidiary (Danish krone, DKK) 440 Earnings before taxes (EBT) in 000s of domestic currency Corporate income tax rate Average cross rate per EUR1 2,510 33.3% 25% 1.0358 2.140 20% 07336 4,500 23% 7.5291 EuroVirtual pays different tax rates for each of its country operations. a) What are its earnings per share in EUR after deducting taxes? b) Assume a major weather crisis hits Switzerland, reducing its agricultural and food industries and subsequently leading to a macroeconomic recession, and by extension weakening the Swiss franc. What would be the impact on EuroVirtual's consolidated EPS if, in addition to the fall in the value of the franc to CHF1 20/. earnings before taxes in Switzerland fell as a result of the recession by half? Calculate the new net profts in euros from the Swiss subsidiary below: (Round to two decimal places.) Swiss Subsidiary (CHF) Business Performance (000s) Earnings before taxes EBT Less porate incor taxes 25% Net profits in local currency 1.2000 Average exchange rate (fc/euro) Net profits in euros EuroVirtual's EPS Sensitivity to Exchange Rates (A). EuroVirtual is a French-based multinational IT firm. In addition to its home operations in France, EuroVirtual owns and operates subsidiaries in Switzerland, the United Kingdom, and Denmark. It has 645,000 shares currently outstanding on the pan-European stock exchange Euronext. The following table summarizes the business performance of EuroVirtual: (Click on the icon to import the table into a spreadsheet) French Parent Company (euros, C) Swiss Subsidiary (Swiss franc, CHF) UK Subsidiary (British Pound, GBP) Danish Subsidiary (Danish krone, DKK) 440 Earnings before taxes (EBT) in 000s of domestic currency Corporate income tax rate Average cross rate per EUR1 2.510 33.3% 25% 1.0358 2,140 20% 0.7336 4,500 23% 7.5291 EuroVirtual pays different tax rates for each of its country operations. a) What are its earnings per share in EUR after deducting taxes? b) Assume a major weather crisis hits Switzerland, reducing its agricultural and food ind stries subsequently leading a macroeconomic recession, and by extension weakening the Swiss franc. What would be the impact on EuroVirtual's consolidated EPS if, in addition to the fall in the value of the franc to CHF1.207 , earnings before taxes in Switzerland fell as a result of the recession by half? BLER Business Performance (000s) (CHF) Earnings before taxes, EBT Less corporate income taxes 25% Net profits in local currency Average exchange rate (fc/euro) 1 2000 Net profits in euros The new consolidated net profits in euros will be (0005) ). (Round to two decimal places ) The new earnings per share in euros will be (Round to two decimal places.) The earnings per share change from baseline is %. (Round to two decimal places.)