Company: Colgate $-$ Palmolive

Country: Denmark$$

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$11.$Explain how the main foreign currency for your business has changed over last four years with respect to dollars. Is this trend favorable or unfavorable to the parent company? Provide a diagram$/$chart etc. for the trend.

$12.$Using forecast formula in excel, prepare a forecast for $2023,2024,2025$ and $2026$ of foreign currency w$.$r$.$t dollar. Do you think this forecasted value of foreign currency is favorable or unfavorable? Explain.