spreadsheet.)

Lantau Beer (A): European Sales. Lantau Beer is a Hong Kong-based brewery and files all of its financial statements in Hong Kong dollars (HK$). The company's European sales director, Phillipp Bosse, has been criticized for his performance. He disagrees, arguing that sales in Europe have grown steadily in recent years. Who is correct? (Click on the p, icon to import the table into a spreadsheet.) Total net sales, HK$ Percent of total sales from Europe Total European sales, HK$ Average exchange rate, HK$/ Total European sales, euros Growth rate of European sales 2010 171 ,401 49% 11.04 2011 187,882 43% 11.58 2012 244,590 38% 10.05 Calculate the necessary variables for the analysis below: (Round HK$ sales to the nearest HK$, round sales to two decimal places, round growth rate to one decimal place.) Analysis of European Sales Total net sales, HK$ Percent of total sales from Europe Total European sales, HK$ Average exchange rate, HK$/ Total European sales, euros Growth rate of European sales 2010 171 ,401 49 % 349797.96 11.04