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Procter & Gamble Company reports the following table in its 10-K report relating to the change in sales from 2015 to 2016. Net Sales Change
Procter & Gamble Company reports the following table in its 10-K report relating to the change in sales from 2015 to 2016.
Net Sales Change Drivers 2016 vs. 2015 | |||||
---|---|---|---|---|---|
Volume | Foreign Exchange |
Price |
Mix | Net Sales Growth | |
Beauty | (4)% | (5)% | 2% | -- | (8)% |
Grooming | (2)% | (8)% | 5% | (2)% | (7)% |
Health care | (2)% | (5)% | 2% | 1% | (4)% |
Fabric & home care | (1)% | (5)% | -- | -- | (6)% |
Baby, feminine & family care | (3)% | (5)% | -- | -- | (8)% |
Total company | (3)% | (5)% | 1% | -- | (7)% |
b. What was the effect of foreign exchange rates on sales during the year?
Foreign exchange rates caused sales to Answer decrease/increase by Answer%.
Please answer decrease or increase then the percentage
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