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11. The following sales revenue pattern for a British trading: 2017 2018 2019 Sales 25,500 30,650 35,160 revenue Required: a) Perform a convenience translation into

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11. The following sales revenue pattern for a British trading: 2017 2018 2019 Sales 25,500 30,650 35,160 revenue Required: a) Perform a convenience translation into U.S. dollars for each year given the following year- end exchange rates: (1.5 marks) 2017I-$2.10 1 2018I=S2.20 20191 $1.60 b) Compare the year to year percentage changes in sales revenues in pounds and in US dollars. (2 marks) Do the two-time series move in parallel fashion? Why or why not? (0.5 mark) 11. The following sales revenue pattern for a British trading: 2017 2018 2019 Sales 25,500 30,650 35,160 revenue Required: a) Perform a convenience translation into U.S. dollars for each year given the following year- end exchange rates: (1.5 marks) 2017I-$2.10 1 2018I=S2.20 20191 $1.60 b) Compare the year to year percentage changes in sales revenues in pounds and in US dollars. (2 marks) Do the two-time series move in parallel fashion? Why or why not? (0.5 mark)

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