The situation: OmniMedical is a $730M manufacturer of medical devices. It has manufacturing operations located in the UK, India, China and Bermuda. It sells domestically and in 14 international markets. You are the CFO of OmniMedical based in Princeton, NJ. Brexit being emanate, you must assess the impact on your UK subsidiary, Bulldog Medical, and the impact on OmniMedical the British departure from the European Union will have. Important data: Bulldog Medical sales 135M Foreign Sales Breakdown: France 32M, Germany 36M, Switzerland 20M, Czech Republic 20M, Turkey 27M Foreign Resources Purchased: US 25M, Belgium 15M, Germany 20M , Israel 10M Revenue transferred to parent: 28m Exchange Rate $ 1.00 = 1.29 Explain the possible exchange, economic and translation effects on Omni and Bulldog. What measures would you take in the short run? Do you have a long term strategy for this situation? You may want to do examine the individual relationships and effects. The situation: OmniMedical is a $730M manufacturer of medical devices. It has manufacturing operations located in the UK, India, China and Bermuda. It sells domestically and in 14 international markets. You are the CFO of OmniMedical based in Princeton, NJ. Brexit being emanate, you must assess the impact on your UK subsidiary, Bulldog Medical, and the impact on OmniMedical the British departure from the European Union will have. Important data: Bulldog Medical sales 135M Foreign Sales Breakdown: France 32M, Germany 36M, Switzerland 20M, Czech Republic 20M, Turkey 27M Foreign Resources Purchased: US 25M, Belgium 15M, Germany 20M , Israel 10M Revenue transferred to parent: 28m Exchange Rate $ 1.00 = 1.29 Explain the possible exchange, economic and translation effects on Omni and Bulldog. What measures would you take in the short run? Do you have a long term strategy for this situation? You may want to do examine the individual relationships and effects