Answered step by step
Verified Expert Solution
Link Copied!

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 :). In its filings with the

image text in transcribed

Mattel's Global Performance. Mattel (U.S.) achieved significant sales growth in its major international regions between 2001 and 2004 (see :). 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? Data Table (Click on the icon to import the table into a spreadsheet.) Mattel's Global Sales 2001 2002 Sales (000) Sales (000) $940,357 $1,119,784 473,627 465,941 158,186 169,643 127,623 $1,697,567 $1,882,991 3,396,161 3,425,796 (374,936) (423,842) $4,718,792 $4,884,945 Europe Latin America Canada Asia Pacific Total International United States Sales Adjustments Total Net Sales 125,397 2003 Sales (000) $1,363,143 457,216 177,945 166,838 $2,165,142 3,201,017 (413,215) $4,952,944 2004 Sales (000) $1,419,218 521,337 194,165 208,002 $2,342,722 3,205,498 (434,431) $5,113,789 Region Europe Latin America Canada Asia Pacific Impact of Change in Currency Rates 2001-2002 2002-2003 2003-2004 7.2% 15.2% 8.1% -8.9% -6.1% -1.9% 0.1% 10.8% 4.8% 2.9% 13.1% 5.8% Print Done Mattel's Global Performance. Mattel (U.S.) achieved significant sales growth in its major international regions between 2001 and 2004 (see :). 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? Data Table (Click on the icon to import the table into a spreadsheet.) Mattel's Global Sales 2001 2002 Sales (000) Sales (000) $940,357 $1,119,784 473,627 465,941 158,186 169,643 127,623 $1,697,567 $1,882,991 3,396,161 3,425,796 (374,936) (423,842) $4,718,792 $4,884,945 Europe Latin America Canada Asia Pacific Total International United States Sales Adjustments Total Net Sales 125,397 2003 Sales (000) $1,363,143 457,216 177,945 166,838 $2,165,142 3,201,017 (413,215) $4,952,944 2004 Sales (000) $1,419,218 521,337 194,165 208,002 $2,342,722 3,205,498 (434,431) $5,113,789 Region Europe Latin America Canada Asia Pacific Impact of Change in Currency Rates 2001-2002 2002-2003 2003-2004 7.2% 15.2% 8.1% -8.9% -6.1% -1.9% 0.1% 10.8% 4.8% 2.9% 13.1% 5.8% Print Done

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Project Financing Asset-Based Financial Engineering

Authors: John D Finnerty

3rd Edition

1118421841, 9781118421840

More Books

Students also viewed these Finance questions

Question

What challenges does GE have to face in the HRM field today?

Answered: 1 week ago