Please show work for the following problems. 1. Did total company net sales increase or...

70.2K

Verified Solution

Question

Accounting

Please show work for the following problems. image1. 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%

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students