Question

Mattel​ (U.S.) achieved significant sales growth in its major international regions between 2001 and 2004​. 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.

Mattel's Global Sales
	2001	2002	2003	2004
	Sales​ (000)	Sales​ (000)	Sales​ (000)	Sales​ (000)
Europe	​ $936,022	$1,124,887	$1,361,823	$1,415,367
Latin America	462,868	457,233	468,153	533,251
Canada	163,332	163,459	179,525	197,670
Asia Pacific	119,045	136,654	161,697	202,013
Total International	$1,681,267	$1,882,233	$2,171,198	$2,348,301
United States	3,383,701	3,419,301	3,194,417	3,203,969
Sales Adjustments	(384,129)	(422,984)	(423,471)	(445,113)
Total Net Sales	$4,680,839	$4,878,550	$4,942,144	$5,107,157
		Impact of Change in Currency Rates
Region		​2001-2002	​2002-2003	​2003-2004
Europe		6.9​%	14.9​%	7.9​%
Latin America		−9.1​%	−6.2​%	−2.1​%
Canada		0.1​%	11.1​%	4.8​%
Asia Pacific		3.1​%	13.1​%	5.8​%

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?

Answer 1