I. Answer the following problems. Show your calculations and make sure to use complete sentences to explain your answers if needed... Problem 1. [26 pts]. B&N is a U.S.-based multinational manufacturing firm, with wholly owned subsidiaries in Germany and China, in addition to domestic operations in the United States. B\&N is traded on the New York Stock Exchange. B\&N currently has 800,000 shares outstanding. The basic operating characteristics of the various business units are as follows: A. B\&N must pay corporate tax in each country in which it currently has operations. After deducting taxes in each country, compute the consolidated earnings and consolidated eamings per share (EPS) in U.S. dollars. B. What is the proportion of B&N consolidated earnings originating from each individual country? C. What is the proportion of B&N consolidated earnings originating from outside the United States? D. Assume that the war in Europe affecting the value of the Euro and inducing a severe economic recession within Germany. What would be the impact on B\&N consolidated Earnings per Share (EPS) if the Euros were to fall in value to 0.918/$, with all other earnings and exchanges remaining the same