A)	Does the data indicate the Clorox Companys sales are seasonal? Briefly explain your reasoning.
B)	Calculate the percentage change in sales revenue for each of the most recent four quarters relative to the same quarter one year earlier?
	1st quarter (ending 9/20)
	2nd quarter (ending 12/20)
	3rd quarter (ending 3/21)
	4th quarter (ending 6/21)
	Describe the pattern you observe?

Standardized Quarterly Balance Sheet Report Date Scale Total Assets 09/30/2016 Thousands 4466000 12/31/2016 Thousands 4568000 03/31/2017 Thousands 4629000 06/30/2017 Thousands 4573000 09/30/2017 Thousands 4600000 12/31/2017 Thousands 4758000 03/31/2018 Thousands 5444000 06/30/2018 Thousands 5060000 09/30/2018 Thousands 5058000 12/31/2018 Thousands 5073000 03/31/2019 Thousands 5162000 06/30/2019 Thousands 5116000 09/30/2019 Thousands 5397000 12/31/2019 Thousands 5459000 03/31/2020 Thousands 5850000 06/30/2020 Thousands 6213000 09/30/2020 Thousands 6777000 12/31/2020 Thousands 6855000 03/31/2021 Thousands 6441000 06/30/2021 Thousands 6334000 Total Liabilities Total Equity Total Liabilities & Equity 4177000 289000 4466000 4298000 270000 4568000 4225000 404000 4629000 4031000 542000 4573000 4008000 592000 4600000 3998000 760000 4758000 4607000 837000 5444000 4334000 726000 5060000 4381000 677000 5058000 4331000 742000 5073000 4381000 781000 5162000 4557000 559000 5116000 4847000 550000 5397000 4904000 555000 5459000 5155000 695000 5850000 5305000 908000 6213000 5662000 1115000 6777000 5475000 1380000 6855000 5503000 938000 6441000 5742000 592000 6334000 Standardized Quarterly Income Statement Report Date Currency Audit Status Consolidated Scale Sales Revenue Cost of products sold Gross Profit Selling General & Admin Research & Development Other income (expense), net Interest expense Earnings (loss) before income taxes Income taxes Net Income Net earnings (loss) per share - basic Net earnings (loss) per share-diluted 09/30/2016 12/31/2016 03/31/2017 06/30/2017 09/30/2017 12/31/2017 03/31/2018 06/30/2018 09/30/2018 12/31/2018 03/31/2019 06/30/2019 09/30/2019 12/31/2019 03/31/2020 06/30/2020 09/30/2020 12/31/2020 03/31/2021 06/30/2021 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD Not Qualified Not Qualified Not Qualified Not Qualified Not Qualified Not Qualified Not Qualified Not Qualified Not Qualified Not Qualified Not Qualified Not Qualified Not Qualified Not Qualified Not Qualified Not Qualified Not Qualified Not Qualified Not Qualified Not Qualified Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands 1443000 1406000 1477000 1647000 1500000 1416000 1517000 1691000 1563000 1473000 1551000 1627000 1506000 1449000 1783000 1983000 1916000 1842000 1781000 1802000 803000 777000 827000 895000 827000 807000 868000 947000 885000 830000 878000 893000 843000 810000 951000 1054000 996000 1005000 1007000 1134000 640000 629000 650000 752000 673000 609000 649000 744000 678000 643000 673000 734000 663000 639000 832000 929000 920000 837000 774000 668000 328000 325000 362000 394000 338000 337000 358000 374000 351000 356000 377000 384000 348000 350000 453000 493000 417000 456000 437000 484000 31000 32000 35000 37000 32000 31000 32000 37000 32000 32000 34000 38000 30000 34000 39000 42000 32000 40000 32000 45000 -5000 - 16000 15000 3000 -6000 16000 3000 7000 -2000 - 1000 2000 -5000 19000 -1000 -80000 15000 - 10000 - 13000 - 22000 - 22000 -22000 - 18000 -21000 -20000 - 20000 - 18000 - 24000 - 24000 -24000 -22000 -25000 -25000 - 24000 -23000 -25000 - 24000 -25000 -25000 264000 227000 247000 295000 279000 227000 242000 306000 268000 224000 240000 292000 258000 235000 297000 395000 526000 332000 -59000 101000 85000 77000 75000 93000 87000 -6000 61000 89000 58000 42000 53000 51000 55000 50000 56000 85000 109000 71000 0 1000 179000 149000 172000 201000 192000 233000 181000 217000 210000 182000 187000 241000 203000 185000 241000 310000 415000 259000 -61000 97000 1.39 1.16 1.34 1.55 1.49 1.81 1.39 1.68 1.65 1.42 1.46 1.89 1.61 1.48 1.92 2.45 3.28 2.06 -0.49 0.79 1.36 1.14 1.31 1.52 1.46 1.77 1.37 1.66 1.62 1.4 1.44 1.87 1.59 1.46 1.89 2.42 3.22 2.03 -0.49 0.78 23000 -3000 Standardized Quarterly Balance Sheet Report Date Scale Total Assets 09/30/2016 Thousands 4466000 12/31/2016 Thousands 4568000 03/31/2017 Thousands 4629000 06/30/2017 Thousands 4573000 09/30/2017 Thousands 4600000 12/31/2017 Thousands 4758000 03/31/2018 Thousands 5444000 06/30/2018 Thousands 5060000 09/30/2018 Thousands 5058000 12/31/2018 Thousands 5073000 03/31/2019 Thousands 5162000 06/30/2019 Thousands 5116000 09/30/2019 Thousands 5397000 12/31/2019 Thousands 5459000 03/31/2020 Thousands 5850000 06/30/2020 Thousands 6213000 09/30/2020 Thousands 6777000 12/31/2020 Thousands 6855000 03/31/2021 Thousands 6441000 06/30/2021 Thousands 6334000 Total Liabilities Total Equity Total Liabilities & Equity 4177000 289000 4466000 4298000 270000 4568000 4225000 404000 4629000 4031000 542000 4573000 4008000 592000 4600000 3998000 760000 4758000 4607000 837000 5444000 4334000 726000 5060000 4381000 677000 5058000 4331000 742000 5073000 4381000 781000 5162000 4557000 559000 5116000 4847000 550000 5397000 4904000 555000 5459000 5155000 695000 5850000 5305000 908000 6213000 5662000 1115000 6777000 5475000 1380000 6855000 5503000 938000 6441000 5742000 592000 6334000 Standardized Quarterly Income Statement Report Date Currency Audit Status Consolidated Scale Sales Revenue Cost of products sold Gross Profit Selling General & Admin Research & Development Other income (expense), net Interest expense Earnings (loss) before income taxes Income taxes Net Income Net earnings (loss) per share - basic Net earnings (loss) per share-diluted 09/30/2016 12/31/2016 03/31/2017 06/30/2017 09/30/2017 12/31/2017 03/31/2018 06/30/2018 09/30/2018 12/31/2018 03/31/2019 06/30/2019 09/30/2019 12/31/2019 03/31/2020 06/30/2020 09/30/2020 12/31/2020 03/31/2021 06/30/2021 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD Not Qualified Not Qualified Not Qualified Not Qualified Not Qualified Not Qualified Not Qualified Not Qualified Not Qualified Not Qualified Not Qualified Not Qualified Not Qualified Not Qualified Not Qualified Not Qualified Not Qualified Not Qualified Not Qualified Not Qualified Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands 1443000 1406000 1477000 1647000 1500000 1416000 1517000 1691000 1563000 1473000 1551000 1627000 1506000 1449000 1783000 1983000 1916000 1842000 1781000 1802000 803000 777000 827000 895000 827000 807000 868000 947000 885000 830000 878000 893000 843000 810000 951000 1054000 996000 1005000 1007000 1134000 640000 629000 650000 752000 673000 609000 649000 744000 678000 643000 673000 734000 663000 639000 832000 929000 920000 837000 774000 668000 328000 325000 362000 394000 338000 337000 358000 374000 351000 356000 377000 384000 348000 350000 453000 493000 417000 456000 437000 484000 31000 32000 35000 37000 32000 31000 32000 37000 32000 32000 34000 38000 30000 34000 39000 42000 32000 40000 32000 45000 -5000 - 16000 15000 3000 -6000 16000 3000 7000 -2000 - 1000 2000 -5000 19000 -1000 -80000 15000 - 10000 - 13000 - 22000 - 22000 -22000 - 18000 -21000 -20000 - 20000 - 18000 - 24000 - 24000 -24000 -22000 -25000 -25000 - 24000 -23000 -25000 - 24000 -25000 -25000 264000 227000 247000 295000 279000 227000 242000 306000 268000 224000 240000 292000 258000 235000 297000 395000 526000 332000 -59000 101000 85000 77000 75000 93000 87000 -6000 61000 89000 58000 42000 53000 51000 55000 50000 56000 85000 109000 71000 0 1000 179000 149000 172000 201000 192000 233000 181000 217000 210000 182000 187000 241000 203000 185000 241000 310000 415000 259000 -61000 97000 1.39 1.16 1.34 1.55 1.49 1.81 1.39 1.68 1.65 1.42 1.46 1.89 1.61 1.48 1.92 2.45 3.28 2.06 -0.49 0.79 1.36 1.14 1.31 1.52 1.46 1.77 1.37 1.66 1.62 1.4 1.44 1.87 1.59 1.46 1.89 2.42 3.22 2.03 -0.49 0.78 23000 -3000