2.(10') Over a period of time in the past, you noticed that the exchange rate between the Thai baht and the dollar changed considerably. In particular, the $: baht exchange rate increased from 25 to 30. (1) Did the Thai baht appreciate or depreciate with respect to the dollar? By what percentage? (2) By what percentage did the value of the dollar change with respect to the Thai baht? 3. (20') You are given the following data about P&G Company and Alibaba Company, two of the major corporations in the consumer goods industry and the e- commerce industry. The data are for the end of the financial year 2015, and are in US$ millions. The data in the following table are according to the U.S.GAAP. P&G Alibaba Sales 21335| 12300 EBIT 2530 1420 EBT 2015| 995 NI | 1100 600 Assets 39650 31780 Equity 18550 14200 (1) Compute the ROE for P&G Company and Alibaba Company. (2) Use the DuPont model to analyze the difference in ROE between the two companies, and discuss the operating conditions of the two companies