Foreign Currency Impact Kellogg included the following note in its fiscal 2015 10-K report (S...
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Foreign Currency Impact Kellogg included the following note in its fiscal 2015 10-K report (S millions). L04 E5-35, LLOGG MPANY Comparable net income attributable to Kellogg. $1,257 (100) Currency neutral comparable net income attibutable to Kellogg..... . $1.357 a. Assume the foreign currency impact related entirely to foreign sales. Determine whether the SUS b. Assume the foreign currency impact related entirely to purchases of goods from foreign vendls. strengthened or weakened vis--vis the currencies in which Kellogg conducts business. Determine whether the SUS strengthened or weakened vis--vis the currencies in which Kellog conducts business. c. As an analyst, how would we treat this foreign currncy impact in our analysis of Kellog? treat this foreign currency impact in our analysis of Kellogg
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