Lantau Beer (A): European Sales. Lantau Beer is a Hong Kong based brewery and files all of its financial statements in Hong Kong dollars (HKS). The company's European sales director, Philipp Bosse, has been criticized for his performance. He disagrees, arguing that sales in Europe have grown steadily in recent years. Who is correct? (Click on the icon to import the table into a spreadsheet.) 2010 2011 2012 Total net sales, HKS 170,624 187,912 245,427 Percent of total sales from Europe 48% 44% 38% Total European sales, HKS Average exchange rate, HK$/E 11.12 11.35 9.95 Total European sales, euros Growth rate of European sales Calculate the necessary variables for the analysis below. (Round HKS sales to the nearest HKS, round sales to two decimal places, round growth rate to one decimal place.) 6.83 D/1) 2010 170,624 48 % Analysis of European Sales Total net sales, HKS Percent of total sales from Europe Total European sales, HKS Average exchange rate, HKS Total European sales, euros Growth rate of European sales 11.12 Lantau Beer (B): Japanese Yen Debt. Lantau Beer of Hong Kong borrowed Japanese yen under a long-term loan agreement several years ago. The company's new CFO believes, however, that what was originally thought to have been relatively "cheap debt" is no longer true. What do you think? (Click on the icon to import the table into a spreadsheet.) 2010 2011 Annual yen payments on debt agreement(*) 12,500,000 12,500,000 Average exchange rate, W/HK$ 12.79 12.17 Annual yen debt service, HK$ Calculate the necessary variables for the analysis below. (Round to the nearest integer) 2012 12,500,000 11.36 2010 Analysis of Japanese yen-Denominated Debt Annual yen payments on debt agreement(*) Average exchange rate, W/HK$ Annual yen debt service, HK$ 12,500,000 12.79