Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Mattel's Global Performance. Mattel (U.S.) achieved significant sales growth in its major international regions between 2001 and 2004 (see EEB). In its filings with the
Mattel's Global Performance. Mattel (U.S.) achieved significant sales growth in its major international regions between 2001 and 2004 (see EEB). In its filings with the United States Security and Exchange Commission (SEC), it reported both the amount of regional sales and the percentage change in those sales resulting from exchange rate changes. a. What was the percentage change in sales, in U.S. dollars, by region? b. What were the percentage change in sales, by region, net of currency change impacts? c. What impact did currency changes have on the level and growth of consolidated sales between 2001 and 2004? a. What was the percentage change in sales, in U.S. dollars, by region? Calculate the percentage change in sales, in U.S. dollars, by region below: (Round to one decimal place.) Percentage Change in Sales 2001-2002 Europe Latin America Canada Asia Pacific United States Mattel's Global Sales 2001 Sales (000) Sales (000 Sales (000 Sales (000) 2002 2003 2004 $935,787 469,997 159,198 113,227 $1,678,209 3,385,394 (389,368) $4,674,235 $1,127,442 466,899 156,359 146,175 $1,896,875 3,427,914 (430,405) $4,894,384 $1,358,729 453,935 195,628 163,924 $2,172,216 3,195,978 (410,076) $4,958,118 $1,414,073 520,103 198,389 211,010 $2,343,575 3,201,433 (440,559) $5,104,449 Europe Latin America Canada Asia Pacific Total International United States Sales Adjustments Total Net Sales Impact of Change in Currency Rates 2002-2003 Region 2001-2002 2003-2004 7.1% -8.9% 0.1% 3.2% 15.1% -5.9% 10.9% 12.9% 8.2% Europe Latin America Canada Asia Pacific 49% 6.2%
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started