1- Multinational Financial Management, An Overview (10 points)

Headquartered in Toronto, Canada Goose Holdings Inc. is a manufacturer of winter apparel. In 2021, they made almost $1B CAD in sales revenue, coming mainly from Canada, the US, Asia, and Europe.

1. Explain how to determine the numerator of the valuation equation (3 points, 75 words max)
2. Explain if/how increased political risk in Europe could affect Canada Gooses value if expected cash flows from Europe do not change (2 points, 50 words max)
3. Explain how strong economic conditions in Asia could directly and indirectly affect Canada Gooses value (3 points, 75 words max)
4. Explain how and why Canada Gooses valuation would change if most investors suddenly expected that the Canadian dollar would weaken against most currencies over time. (2 points, 50 words max)