Please show work for the following problems. 1. Did total company net sales increase or...
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Accounting
Please show work for the following problems. 1. Did total company net sales increase or decrease during the year? By what percentage? How much of this change is attributable to volume versus price changes?
2. What was the effect of foreign exchange rates on sales during the year? From this result, what can we infer about the relative strength of the U.S. dollar during the period?
3. The "Grooming" and "Baby, Feminine & Family Care" segment sales both decreased by 1%. From this result, can we conclude that the dollar decrease in sales was the same for both segments? Explain.
Procter & Gamble reports the following table in its 10-K report relating to the change in sales from 2017 to 2018. Net Sales Change Drivers 2018 vs. 2017 Volume Price Mix 2% 5% -1% Beauty Grooming Health care Fabric & home care Baby, feminine & family care Total company Foreign Exchange 2% 3% 3% 1% 1% 2% 3% 3% -1% 1% Net Sales Growth 9% -1% 5% 3% -1% 3% -3% -1% -1% -1% -1% 1%
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