Lantau Beer is a Hong Kong-based brewery and files all of its financial statements in Hong Kong dollars (HK$). The company's Euoprean sale director, Phillipp Bosse, has been criticized for his performance. He disagrees, arguing that sales in Europe have grown steadily in recent years. Who is correct?

2010 2011 2012 Total net sales, HK$ 172,783 188,430 244,108 Percent of total sales from Europe 47% 45% 38% Total European sales, HK$ Average exchange rate, HK$/ 11.22 11.99 10.16 Total European sales, euros Growth rate of European sales

Callculate the necessary variables for the analysis below. (Round HK$ sales to the nearest HK$, round euro sales to two deciimal places, round growth rate to one decimal place.

Analysis of Euoprean Sales	2010
Total net sales, HK$	47%
Total Euoprean sales, $HK	?
Average exchange rate, HK$/euro	11.22
Total European SAles, euros	?
Growth rate of Euoprean sales	?

Do the same for 2011 and 2012.