Cadbury plc and of Cadbury plc online. Nestl uses the Swiss franc (CHF) in preparing its financial

Cadbury plc and of Cadbury plc online. Nestlé uses the Swiss franc (CHF) in preparing its financial statements whereas Cadbury reports its financial information by using the pound sterling ( \(£\) ). Use the exchange rates indicated in (1) and (2) below to convert the pounds sterling into Swiss francs so you can compare the specific financial statement elements for both companies.

Required:
1 Total assets is a common measure of the size of a company. Which company had the higher total assets at the end of the most recent year? The exchange rate between the two currencies was \(£ 1=\) CHF 1.53 at December \(31,2008\).
2 Net sales is also a common measure of the size of a company. Which company had the higher net sales for the most recent year? The average exchange rate between the two currencies during 2008 was \(£ 1=\) CHF 1.99 .
3 Growth during a period is calculated as Growth rate \(=[(\) Ending amount - Beginning amount) \(/\) Beginning amount \(] \times 100\)
Which company had the higher growth rate in total assets during the most recent year? Which company has the higher growth rate in net sales during the most recent year?