This project is based on the Multinational Corporation Pepsi, with the help of the financial statement please answer the following questions.

a. explain how Pepsi as a MNC is subject to transaction, economic and translation exposure.

b.What are the techniques used by Pepsi to hedge its transaction, economic and translation exposures.

c.How were Pepsi's cash flows recently affected by exchange rate movements according to its annual report. Review the foreign currency transaction gains and losses and the foreign currency transaction unrealized gains and losses on the income statement, the equity account and the disclosures, for this information.

d.How did the translation exposure affect Pepsi consolidated earnings?