1. Find one multi-national American company with sales in multiple countries with different currencies, such as Tesla, GE, GM, Hasbro, Apple, etc. Find its sales/revenue from the Income Statement in its most recent quarterly financial report 10-Q from www.sec.gov. Then from public resources like wsj.com (or just google it), find the currency exchange rate for one major currency used by the firm (1) on January 01, 2021, and (2) on the last day of the fiscal quarter in the 10-Q. Then calculate the sale/revenue with both exchange rates. What is the profit or loss due to the exchange rate change from January 01, 2021, to the last day of the fiscal quarter? (1 point)
2. What are the major reasons for the depreciation or appreciation of the foreign currency in question 1? Do some research and find a fact/data to support your prediction and list the link to the fact/data. (1 point)
3. What is your expectation of the trend of the exchange rate for the currency in (2)? Why? Do some research and find a fact/data to support your prediction and list the link to the fact/data. (1 point)
4. What is your expectation of the trend of the exchange rate for the US dollar? Why? Do some research and find a fact/data to support your prediction and list the link to the fact/data. (1 point)